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IBM launched a reference architecture for quantum-centric supercomputing, detailing how quantum processors can work with GPUs and CPUs in data centers and the cloud. This comes at a time when IBM's stock is under pressure, down 20% from its November 2025 peak.

The company faces risks from AI competitor Anthropic in COBOL modernization. IBM's stock is currently at approximately 216 Euros, more than 10% below its 200-day average. The X-Force division reported a 44% increase in attacks, emphasizing cybersecurity challenges. IBM's next quarterly earnings are expected on April 22, 2026, with a webinar on X-Force insights on March 17.