IBM CEO Sees Quantum Earnings Impact by 2028-29

Krishna made the remarks during an investor conference on Tuesday, where he outlined the company's roadmap for quantum technology. He said that while quantum computing is still in its early stages, IBM expects it to become a meaningful revenue contributor within the next five to six years.

The CEO pointed to recent breakthroughs in quantum hardware and error correction as key milestones that would enable practical applications in fields such as chemistry, materials science, and optimization. IBM has been investing heavily in its quantum division, with a goal to build a 100,000-qubit machine by 2033.

Krishna acknowledged that the timeline for quantum earnings impact depends on continued progress in both hardware and software. He noted that IBM's quantum business will initially complement its classical computing offerings, rather than replace them.

The announcement comes as IBM faces slowing growth in its traditional infrastructure business. The company has been pivoting toward hybrid cloud and AI, with quantum positioned as a long-term growth driver.