IBM pledges to spend $150B in the US over the next few years

Enterprise Tech Giant IBM says it has planned to invest $ 1 billion in the United States in the next five years, including mainframe and quantum computing research will include more than $ 30 billion investment. The goal is to fuel the economy and “accelerate” [IBM’s] Introduction as a Global Leader in computing, ”the company said at Press Release MondayThe

CEO Aurobind Krishna said in a statement, “We have focused on American jobs and production since its establishment 5 years ago,” and with this investment and production commitment we are convinced that IBM remains the center of the world’s most advanced computing and AI capabilities. “

As the blomberg noteCompanies from Apple to Nvidia have announced plans to spend billions of dollars to increase their US production presence since the election of President Donald Trump. Many plans were closely tracking the previous expenditure trends or were already at work before the election.