IBM just made one of its biggest bets ever on US tech
IBM has pledged to invest $150 billion in the U.S. over the next five years, with a significant portion dedicated to advancing its research in mainframe and quantum computing. The tech giant aims to fuel the economy and solidify its position as a global leader in computing.
The investment includes “more than” $30 billion allocated to mainframe and quantum computing research, according to a press release issued by IBM on Monday. CEO Arvind Krishna emphasized the company’s long-standing commitment to American jobs and manufacturing, stating that this investment will ensure IBM remains at the forefront of advanced computing and AI capabilities.
Krishna highlighted IBM’s 114-year history of focusing on U.S. jobs and manufacturing, underscoring the company’s dedication to maintaining its leadership in the tech industry. The investment comes as other major tech companies, such as Apple and Nvidia, have also announced plans to boost their U.S. manufacturing presence, with many of these plans aligning with prior spending trends or initiatives already in development.
IBM’s announcement follows a trend observed since President Donald Trump’s election, where companies have committed to spending billions of dollars to enhance their U.S. manufacturing footprint, as reported by Bloomberg.