Over the next five years, IBM has invested $150 billion in the United States, including quantum computer production facilities, with the latest American technology companies supporting the Trump administration’s push for local manufacturing.
The company’s announcement on Monday follows similar pledges from tech giants such as Nvidia and Apple, both said they will spend around $500 billion each across the country over the next four years.
Several analysts view spending commitment as an overture to President Trump.
IBM, a key government contractor, says it will be used to expand US manufacturing of quantum computers and mainframes with investments of over $30 billion.
The company operates one of the world’s largest quantum computing systems and is committed to delivering thousands of times more powerful performance than traditional computers.
“IBM believes that Quantum Technology will continue to invest in emerging regions, but the boldest person is likely a gesture to the US administration,” said Da Davidson analyst Gil Luria, who said Big Tech is using the investment pledge as a shield to trade disputes.
The recent breakthrough in quantum computing, including a new generation of chips, announced by Alphabet’s Google in December, has raised interest in the sector, although it remains split when technology has real applications.
While Google aims to release commercial applications in five years, Nvidia CEO Jensen Huang predicts that it will wait 20 years for actual use.
IBM said last week that 15 government contracts have been shelved under the Trump administration’s willingness to cut costs.
The company had $14.8 billion in cash and cash equivalents as of December 31st.
Last year, it spent $1.13 billion on capital expenditures, with a total cost of $29.75 billion.
