IBM announced Monday that it plans to invest $150 billion in the U.S. over the next five years, becoming the latest major tech firm to promise large-scale domestic investments during the Trump administration. The company said it will dedicate $30 billion toward advancing U.S.
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IBM announced Monday that it plans to invest $150 billion in the U.S. over the next five years, becoming the latest major tech firm to promise large-scale domestic investments during the Trump administration. The company said it will dedicate $30 billion toward advancing U.S.
IBM, one of the nation's largest technology employers, announced Monday that it plans to invest $150 billion in the United States over the next five years, adding that the company is "focused on American jobs and manufacturing."
IBM will invest $150 billion in the US, including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump administration's push for local manufacturing.
IBM's announcement comes days after the company released its first-quarter earnings. The company says 70% of global transactions run through its mainframes made in the US.
IBM announced plans Monday to invest at least $150 billion over the next five years in American manufacturing to advance IBM's mainframe and quantum computer systems.
International Business Machines said Monday it plans to invest $150 billion in the U.S. over the next five years, the latest in a string of large companies boosting their presence in the country since President Donald Trump regained the White House.
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IBM investing $150 billion in US manufacturing | Since Then