IBM's Stock Price Soars as AI Demand Drives Revenue Beyond Expectations
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The data to be translated:
IBM reported a 4% increase in revenue for the previous quarter, partly due to increased demand for its artificial intelligence products and services as well as hybrid cloud solutions. IBM's stock price surged over 9%, hitting a new high for nearly four years. This reflects the sustained demand from customers for artificial intelligence. Additionally, the company's performance in the fourth quarter also exceeded Wall Street's expectations, showcasing a remarkable achievement.
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