NVDA 228.87 ▲0.66%GOOGL 351.16 ▼1.07%MSFT 498.00 ▼0.72%AMD 623.77 ▲1.34%INTC 123.86 ▲1.71%TSMC 452.00 ▲1.54%AMZN 254.98 ▼1.34%META 736.60 ▼0.63%AAPL 339.75 ▲0.23%PLTR 184.99 ▲1.04%
Markets at last close

IBM · Business

IBM Announces Major Investment to Advance US Technology Leadership

·1 min read

IBM has unveiled a multibillion-dollar investment plan focused on its U.S. operations over the next five years, marking a substantial commitment to advancing America´s global position in computing technology. While precise figures were not disclosed, the announcement highlights IBM´s intent to bolster both the U.S. economy and its own manufacturing capabilities, particularly in areas like mainframe and quantum computing.

A core component of this strategy is a major injection of research and development funding to enhance IBM´s American manufacturing operations. The company emphasized ongoing investment in products that require the highest levels of technological sophistication, such as quantum computers, which are poised to redefine the computational landscape. The plan underscores IBM´s historical focus on American jobs, innovation, and manufacturing, which have been at the company’s forefront for more than a century.

Chairman and CEO Arvind Krishna framed the investment as foundational to both the future of American tech leadership and IBM´s role at the intersection of advanced computing and Artificial Intelligence. Krishna highlighted the company’s heritage, noting its 114-year presence in the U.S. and ongoing dedication to local economic growth. Through this initiative, IBM aims to reaffirm its status as an anchor for world-class innovation in the critical domains of computing and Artificial Intelligence technologies.

Originally reported by techpowerup.comRead the source →
Related coverage
All IBM news →