On October 22, based on the third-quarter financial report published by IBM (IBM.N), its revenue outstripped analysts' forecasts. The company disclosed that a significant portion of infrastructure business orders, which had been postponed earlier in the year for various reasons, have now recommenced. Specifically, during the quarter that concluded on September 30, IBM's revenue witnessed an approximate 5% year-on-year increase, totaling $17.1 billion. Within this figure, revenue from the infrastructure business (inclusive of mainframe servers) rose by 4%, reaching $3.7 billion, both surpassing analysts' expectations. IBM's Chief Financial Officer, Kavanaugh, mentioned that roughly two-thirds of the previously delayed mainframe and associated software deals have now been finalized. Back in July, IBM highlighted that the surge in artificial intelligence had led to chip and server supply shortages, causing a shift in customer spending patterns and exerting pressure on the company's mainframe and software sectors. Nevertheless, IBM's much-anticipated software business demonstrated robust performance in the third quarter, with revenue climbing by 8.3% to $7.8 billion, outpacing Wall Street's anticipated figure of $7.64 billion. In terms of the full-year outlook, IBM anticipates its free cash flow to increase by over $1 billion, surpassing its previous forecast.