IBM stock surges 9.1% after being named a key partner for Nvidia’s new Vera Rubin AI accelerators and cloud services.
IBM shares climbed 9.1% to an all-time high after Nvidia announced a partnership to integrate its Vera Rubin AI accelerators with IBM’s cloud, servers, and storage infrastructure. The collaboration targets agentic AI workloads, enabling autonomous multi-step reasoning and secure data processing.
The deal marks IBM’s expanded role in AI beyond its traditional mainframe and consulting business. Nvidia’s Vera Rubin platform will be offered via IBM Cloud with confidential computing features, while IBM’s Power Systems and storage solutions will support enterprise AI deployments.
IBM’s storage division will also adopt Nvidia’s BlueField-4 STX architecture for hardware-level security. The partnership excludes IBM’s System z mainframes, which use proprietary AI accelerators on a three-year update cycle.