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IBM joins Apple, Nvidia with pledge to invest $150B in US for computer manufacturing
IBMIBM(IBM) New York Post·2025-04-28 16:35

Core Viewpoint - IBM plans to invest 150billionintheUSoverthenextfiveyears,focusingonquantumcomputerproductionandsupportinglocalmanufacturinginitiatives[1][3]InvestmentCommitment−Theinvestmentincludesover150 billion in the US over the next five years, focusing on quantum computer production and supporting local manufacturing initiatives [1][3] Investment Commitment - The investment includes over 30 billion specifically for expanding US manufacturing of quantum computers and mainframes, which are essential for handling large data and critical applications [3] - This announcement aligns with similar commitments from other tech giants like Nvidia and Apple, each pledging approximately 500billionintheUSoverthenextfouryears[1][6]IndustryContext−AnalystsinterpretthesespendingcommitmentsasstrategicmovestoappeasetheTrumpadministrationamidconcernsovertariffsthatcoulddisruptsupplychainsandincreasecostsforthetechnologysector[2][4]−Recentadvancementsinquantumcomputing,suchasnewchipsfromGoogle′sAlphabet,haveheightenedinterestinthefield,althoughthereisuncertaintyregardingthetimelineforpracticalapplications[5][8]FinancialOverview−IBMreportedcashandcashequivalentsof500 billion in the US over the next four years [1][6] Industry Context - Analysts interpret these spending commitments as strategic moves to appease the Trump administration amid concerns over tariffs that could disrupt supply chains and increase costs for the technology sector [2][4] - Recent advancements in quantum computing, such as new chips from Google's Alphabet, have heightened interest in the field, although there is uncertainty regarding the timeline for practical applications [5][8] Financial Overview - IBM reported cash and cash equivalents of 14.8 billion as of December 31, with capital expenditures of 1.13billionlastyearandtotalexpensesamountingto1.13 billion last year and total expenses amounting to 29.75 billion [9]