IBM plans to invest $150 billion in U.S. over next five years

Quick Summary:

IBM is joining a cohort of companies that have announced spending commitments following President Trump’s election and tariff threats.

The Armonk, New York-based company said it will also continue to “design, build and assemble quantum computers in America.” Big Blue has long worked to develop quantum computing, a nascent technology with the potential to dramatically accelerate processing power.

Shares of IBM were little changed in premarket trading in New York.

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Article Details

Author / Journalist: Brody Ford, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Tariffs and trade Donald Trump A.I. DOGE IBM

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 16:55:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 314 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 53 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28270946

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 60 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

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