US Stock Market Move | IBM (IBM.US) rose more than 8% in early trading, with a cumulative increase of 40% since May.

On Monday, IBM (IBM.US) rose more than 8% in early trading, accumulating a 40% increase since May, now trading at $322.47. On the news front, some media attributed IBM's jump in stock price on Monday to a video that went viral over the weekend on social media. In the video, U.S. President Donald Trump expressed appreciation to IBM CEO Arvind Krishna, and the footage was recorded at a White House business roundtable meeting on December 10, 2025. In fact, IBM's stock price has been steadily rising since May 21. At that time, the company signed a letter of intent with the U.S. federal government to apply for $1 billion in funding from the "CHIPS Act" to establish an independent quantum chip manufacturing company called Anderon. The company will operate IBM's "first U.S. wafer foundry dedicated exclusively to quantum chip manufacturing." On Thursday, May 28, IBM's quantum business received another boost: the company announced it will invest $10 billion in the field of quantum computing over the next five years, with $5 billion going towards open source software projects related to artificial intelligence.