IBM unveiled a $150 billion investment plan for the US manufacturing over the next five years, with a focus on quantum computer production, joining a wave of tech giants supporting the Trump administration’s drive for domestic industry. The initiative aims to boost the U.S. economy and solidify IBM’s position as a global leader in computing, according to the company. “Technology doesn’t just build the future — it defines it,” said Arvind Krishna , IBM’s chairman, president, and CEO. He added, "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, a top U.S. tech employer and major government contractor, will allocate over $30 billion to expand domestic production of quantum computers and mainframes, critical for processing massive datasets and powering secure applications. The company operates one of the world’s largest quantum computing fleets, offering performance potential far beyond traditional systems.
The announcement follows similar pledges from Apple and Nvidia, each committing $500 billion to U.S. manufacturing over four years, as reported by Bloomberg. Analysts view these investments as strategic moves to align with President Donald Trump ’s tariff-heavy policies, which could disrupt global supply chains and raise tech industry costs.
Interest in quantum computing has surged, fueled by breakthroughs like Google’s next-generation chip announced in December. While Google projects commercial applications within five years, Intel’s CEO Pat Gelsinger recently estimated a 15-year timeline for widespread practical use, differing from Nvidia’s 20-year forecast.
15 US government contracts canceled by DOGE
IBM’s investment comes amid challenges, with 15 government contracts recently canceled under the Trump administration’s cost-cutting measures, dampening an otherwise positive June-quarter revenue outlook and impacting its stock price. Additionally, IBM plans to establish three new quantum research hubs in New York, California, and Texas, aiming to create 10,000 high-tech jobs by 2030, further strengthening its U.S. footprint.
Financially, IBM reported $14.8 billion in cash and equivalents as of December 31, with $1.13 billion in capital expenditure and $29.75 billion in total expenses last year. The company’s bold investment underscores its commitment to driving U.S. innovation and navigating a complex geopolitical landscape.
IBM, a top U.S. tech employer and major government contractor, will allocate over $30 billion to expand domestic production of quantum computers and mainframes, critical for processing massive datasets and powering secure applications. The company operates one of the world’s largest quantum computing fleets, offering performance potential far beyond traditional systems.
The announcement follows similar pledges from Apple and Nvidia, each committing $500 billion to U.S. manufacturing over four years, as reported by Bloomberg. Analysts view these investments as strategic moves to align with President Donald Trump ’s tariff-heavy policies, which could disrupt global supply chains and raise tech industry costs.
Interest in quantum computing has surged, fueled by breakthroughs like Google’s next-generation chip announced in December. While Google projects commercial applications within five years, Intel’s CEO Pat Gelsinger recently estimated a 15-year timeline for widespread practical use, differing from Nvidia’s 20-year forecast.
15 US government contracts canceled by DOGE
IBM’s investment comes amid challenges, with 15 government contracts recently canceled under the Trump administration’s cost-cutting measures, dampening an otherwise positive June-quarter revenue outlook and impacting its stock price. Additionally, IBM plans to establish three new quantum research hubs in New York, California, and Texas, aiming to create 10,000 high-tech jobs by 2030, further strengthening its U.S. footprint.
Financially, IBM reported $14.8 billion in cash and equivalents as of December 31, with $1.13 billion in capital expenditure and $29.75 billion in total expenses last year. The company’s bold investment underscores its commitment to driving U.S. innovation and navigating a complex geopolitical landscape.
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