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4mo ago

IBM Commits $150 Billion to U.S. Tech Manufacturing and R&D

The five-year investment will focus on mainframe and quantum computing, reinforcing IBM’s role in advanced technology and American innovation.

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FILE – In this April 26, 2017, file photo, the IBM logo is displayed on the IBM building in Midtown Manhattan, in New York. IBM announced Sunday, Oct. 28, 2018, it will acquire North Carolina-based open-source software company Red Hat in a $34 billion stock deal that the technology and consulting giant’s chief executive says will advance the company to the next step in cloud computing. (AP Photo/Mary Altaffer, File)

Overview

  • IBM will invest $150 billion in the United States through 2030, with $30 billion allocated to research and development for mainframe and quantum computing.
  • The company aims to bolster U.S. manufacturing and maintain its leadership in advanced computing and AI technologies.
  • IBM’s Poughkeepsie, New York facility, which produces mainframes processing 70% of global transaction value, will remain central to its operations.
  • The announcement aligns with broader tech industry commitments driven by U.S. manufacturing incentives under President Trump’s policies.
  • IBM reaffirmed its full-year financial guidance following better-than-expected Q1 2025 earnings of $14.5 billion.