IBM stock drops following Q2 infrastructure revenue warning

IBM announced a revenue warning for its Q2 infrastructure segment, citing weaker sales than previously forecasted. The company attributed the slowdown to ongoing supply chain disruptions and reduced demand in certain enterprise markets. As a result, IBM's stock experienced a notable decline in after-hours trading. The revenue warning has raised concerns among investors about the company's growth prospects in its infrastructure business. IBM's management indicated that they are implementing strategic adjustments to address these challenges, but did not specify a revised revenue outlook. The impact on IBM's overall stock performance and investor sentiment remains uncertain, though the warning underscores ongoing industry-wide supply chain issues affecting technology firms.