International Business Machines Corporation (IBM) stock is down 0.3% in pre-market trading as of 7:46 AM on November 13, 2024, to $210.23. The company is reportedly in negotiations with Amazon Web Services for a $500 million deal to supply IBM with Nvidia GPUs, signaling a significant investment in AI capabilities. This news has sparked discussions on Reddit about IBM's strategic direction and its position in the tech industry. One user commented, "seems like we don't actually make anything anymore and are not using our own products that we do still have and support. we have become a reseller for amazon, Microsoft and a bunch of other tech companies that are actually tech companies." Another user defended the move, stating, "Uh, Nvidia is the leader in AI GPUs. IBM is not the only one behind them in GPU development. Buying their chips is good to enable IBM to develop the ecosystem around the GPU." Some users expressed concern about IBM's cloud offering, with one noting, "So we have our own cloud offering but use aws for ai? That's kinda f***ed up. If I worked in cloud I'd be a bit paranoid…."