Tech giant IBM (IBM) recently announced its new Spyre Accelerator, which is a chip that’s designed to speed up artificial intelligence tasks while keeping core business operations secure and reliable. Spyre will be available on October 28 for IBM z17 and LinuxONE 5 systems, and in early December for Power11 servers. As companies shift from traditional software to AI-powered systems, they need infrastructure that can handle fast, low-latency AI models without slowing down essential workloads.
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As a result, IBM designed Spyre to help run advanced AI like generative and agentic models, while keeping sensitive data on-site for better security and efficiency. Interestingly, the Spyre Accelerator started as a prototype from the IBM Research AI Hardware Center and has grown into a full commercial chip. It includes 32 accelerator cores and 25.6 billion transistors that were built using advanced 5nm technology.
In addition, each Spyre chip fits into a 75-watt PCIe card, and IBM systems can scale up by adding up to 48 cards in z17 or LinuxONE systems, and 16 cards in Power servers. This makes it possible for businesses to run multiple AI models at once. Moreover, when combined with IBM’s Telum II processor, Spyre increases speed, reduces delays, and supports use cases like fraud detection and retail automation without sending data off the mainframe.
Is IBM a Buy, Sell, or Hold?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on five Buys, six Holds, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $288.45 per share implies that shares are trading near fair value.
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