Tech
IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing
Published Mon, Apr 28 20258:43 AM EDTUpdated An Hour Ago
Ashley Capoot@in/ashley-capoot-02496b173/
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Key Points
- IBM announced a $150 billion investment in the U.S. over the next five years.
- The funds include $30 billion to advance American manufacturing of its mainframe and quantum computers.
- The company announced the z17 artificial intelligence mainframe earlier this month.
In this article
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Arvind Krishna, chief executive officer of International Business Machines Corp. (IBM), during a Bloomberg Television interview at the World Governments Summit in Dubai, United Arab Emirates, on Tuesday, Feb. 11, 2025.
Christopher Pike | Bloomberg | Getty Images
International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and
quantum computers.
“We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities,” IBM CEO
Arvind Krishna said in
a release.
The company’s announcement comes weeks after President
Donald Trump unveiled a far-reaching and aggressive “reciprocal” tariff policy to boost manufacturing in the U.S. As of late April, Trump has
exempted chips, as well as
smartphones,
computers, and other tech devices and components, from the tariffs.
IBM said its investment will help accelerate America’s role as a global leader in computing and fuel the economy. The company said it operates the “world’s largest fleet of quantum computer systems,” and will continue to build and assemble them in the U.S., according to the release.