IBM to invest $150bn in US manufacturing over next five years [English]

Author: Emma Powell | Source: The Times | Read the full article in English

IBM is making a significant commitment to American manufacturing and technology, announcing plans to invest $150 billion in the United States over the next five years. This strategic move comes at a time when many tech companies are looking to strengthen their domestic production capabilities. The company, which has a long history dating back 114 years, is positioning itself as a key player in emerging technologies like quantum computing.

The investment is part of a broader trend among major technology companies to expand their U.S. manufacturing footprint. Competitors like Nvidia and Apple are also making substantial investments in domestic production, with Nvidia planning a $500 billion investment in supercomputer infrastructure and Apple committing $500 billion to expand production facilities across nine states. These investments reflect a growing emphasis on building technological infrastructure within the United States.

IBM's strategy goes beyond just manufacturing, as the company is also adapting to changing global dynamics. They recently closed most of their research and development operations in China and are focusing on maintaining their position in the technology sector. Despite facing some challenges, including the cancellation of some government contracts, IBM continues to show resilience. The company reported a modest revenue increase in the first quarter and remains committed to innovation and domestic job creation.

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