IBM, one of the nation’s largest technology employers, announced on Monday it plans to invest $150 billion in the US over the next five years, adding that the company is “focusing on American employment and manufacturing.”
IBM was revealed on Monday press release “We plan to invest $150 billion in America over the next five years to drive the economy and accelerate our role as a global leader in computing.”
“This includes over $30 billion in research and development investments to continue to manufacture IBM’s mainframes and quantum computers in the US,” the company said.
IBM CEO and Chairman Arvind Krishna added, “technology not only builds the future, it defines it.”
“We have focused on American employment and manufacturing since our founding 114 years ago. This investment and manufacturing commitment ensures that IBM will remain the epicenter of the world’s most advanced computing and AI capabilities,” Krishna said.
The technology company added that its innovation includes enabling the possibilities of “the US Social Security System, the monthly people Apollo program, and electricity businesses in all industries.”
IBM also manufactures mainframes at Poughkeepsie in New York. “It’s the technology backbone of the US and global economies,” the company said.
Additionally, the high-tech company, touted as a leading provider of global hybrid cloud and AI, “runs the world’s largest fleet of quantum computer systems and continues to design, build and assemble American quantum computers,” says IBM.
“Quantum computing represents one of the biggest technology platform changes and economic opportunities in decades,” IBM said, allowing these solutions “helps us to better understand the fundamentals of how the world works.”
“Today’s announcement ignites new economic opportunities in the US and around the world, reaffirming IBM’s unwavering commitment to the future of American innovation,” the company said.
Last Wednesday, IBM release The first quarter of 2025 revealed revenues of $14.5 billion.
“We exceeded our expectations for quarterly revenue, profitability and free cash flow. The strength of our overall software portfolio was guided,” Krishna said, adding, “There is a strong demand for generating AI.”
“We remain bullish on technology and the long-term growth opportunities for global economy,” added IBM CEO. “The macroeconomic environment is liquid, but based on what we know today, we maintain year-round expectations for revenue growth and free cash flow.”
Alana Mastrangelo is a reporter for Breitbart News. You can follow her Facebook and x at @armestrangeloand on Instagram.
