From Yahoo Finance: 2025-04-28 15:45:00

IBM announced a $150 billion investment in tech manufacturing, research, and development in the U.S. The commitment includes $30 billion for mainframe and quantum computer R&D. IBM CEO Arvind Krishna stated the investment will strengthen American jobs and manufacturing. IBM’s focus on quantum computers aims to enhance American competitiveness and national security.

IBM operates the largest fleet of quantum computer systems and recently revealed the z17 mainframe with AI capabilities. The move follows a trend of U.S.-based manufacturing commitments by companies like Apple, GE Aerospace, and Nvidia. IBM’s investment aligns with the Trump administration’s push to boost American manufacturing.

Unfortunately, IBM recently lost 15 government contracts due to cost-cutting initiatives, impacting around $100 million in future revenue. The company remains committed to advancing American manufacturing and technology capabilities. IBM’s long history in the U.S. positions it as a key player in driving innovation and economic growth.

Read more: IBM is supercharging its quantum computer efforts as part of a major 5-year investment in U.S. tech