Power Systems Still Waiting For The GenAI Bump
April 27, 2026 Timothy Prickett Morgan
With the Power11 systems upgrade cycle only nine months old and with price increases that have been happening monthly since early April 1 and possibly continuing through the end of the year, we expect for the Power Systems business to be up in 2026 for the full year.
In the first quarter of 2026 ended in March, IBM’s Infrastructure group, which includes sales of servers, storage, operating systems, and used gear, posted sales of $3.33 billion, up 15.3 percent. Gross profits rose by 24.2 percent for the Infrastructure group, to just a tad under $1.9 billion, and pre-tax income for …
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