- IBM is the latest to advertise large US investments, a total of $ 150 billion
- 30 billion dollars will be earmarked for quantum calculation
- IBM has lost 15 US government contracts
IBM has confirmed plans to invest $ 150 billion in the US in the next five years (via Pakinomist), including over $ 30 billion dedicated to quantum computer and mainframe making -up expansion.
The news comes only a few days after the company announced its financial results in the first quarter, sent an increase of 1% over the year over the year to $ 14.5 billion.
More broadly, it is a trend we are seeing across the tech industry, with US-paving tariffs that are drawing more companies to invest in USA-Apple and Nvidia has both already promised to invest $ 500 billion each in the United States.
IBM is the latest to advertise US investment
Investments on Multibillion dollar are all seen as efforts to adapt to President Trump’s push for local manufacture in the midst of rising tariffs. Moving to or expanding within America is also a direct result of the fierce tariffs imposed on certain other nations -Lenovo has already confirmed plans to build a PC and server plant in Saudi Arabia, with its 10% tariffs as an attraction over the US 245% rate in China.
IBM’s $ 30 billion for quantum calculation is remarkable, with technology getting attention after the recent breakthroughs such as Google’s new chip, leading the company to target commercialization in the next five years-much more optimistic than Nvidia’s 20-year-old expectation of Quantum’s practical applications.
Last week in its earnings report, IBM noted a 2% decrease in consulting revenue. The company confirmed that it had lost 15 government contracts as part of the Trump administration’s cost-saving effort, driven by Elon Musk’s DODE.
IBM CEO Arvind Krishna commented: “We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing obligation we ensure that IBM remains episent to the world’s most advanced computing and AI capabilities.”
