International Business Machines Corporation (NYSE:) stands at a pivotal juncture in its long history, leveraging its strengths in artificial intelligence (AI) and hybrid cloud services to position itself for future growth. With a market capitalization of $211.7 billion and according to InvestingPro analysis, IBM is currently trading near its 52-week high, having delivered an impressive 36.5% return over the past six months. As the technology landscape evolves rapidly, IBM’s strategic focus on these key areas has caught the attention of investors and analysts alike, prompting a closer examination of the company’s prospects and challenges.

Strategic Focus on AI and Hybrid Cloud

IBM’s dual focus on AI and hybrid cloud services forms the…