IBM Announces $150 Billion U.S. Investment to Accelerate Manufacturing and Quantum Computing
IBM is set to invest $150 billion in the U.S. over five years, focusing on mainframe and quantum computing to enhance manufacturing and economic growth.
Summary
IBM has announced a significant $150 billion investment in the U.S. over five years, with over $30 billion allocated for research in mainframe and quantum computing. CEO Arvind Krishna emphasized the company's commitment to American jobs and manufacturing since its inception 114 years ago. This move aims to bolster IBM's leadership in advanced computing and align with recent tariff policies set by the Trump administration to encourage local manufacturing. Competitors like Nvidia have also pledged substantial investments in U.S. production capabilities, indicating a wider trend among tech firms to strengthen domestic operations.
Sources (3)
- IBM plans to invest $150 billion in U.S. manufacturing over the next five years, including over $30 billion in research for mainframe and quantum computing.
- The investment is aimed at accelerating America's role in technology and supporting American jobs and manufacturing.
- IBM's commitment is part of a larger trend among tech companies like Apple and Nvidia, who are also expanding their U.S. manufacturing presence.
NBC News·23d· "…IBM said its investment will help accelerate America’s role as a global leader in computing and fuel the economy."
CBS News·24d· "…The investment comes as President Trump implements a sweeping tariff regime aimed at encouraging companies to expand their manufacturing footprint in the U.S."
TechCrunch·24d· No analysis available for this article