IBM to Invest $150 Billion in US Over Next 5 Years

Strategic Move

- REUTERS

IBM will invest $150 billion in the US, including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump administration's push for local manufacturing.

The company's announcement on Monday follows similar pledges by tech giants such as Nvidia and Apple, both of which have said they would spend about $500 billion each in the country over the next four years.

Several analysts see the spending commitments as overtures to US President Donald Trump, whose tariffs threaten to roil supply chains and raise costs for the technology industry.