- IBM announced a $150 billion investment in the U.S. over the next five years.
- The funds include $30 billion to advance American manufacturing of its mainframe and quantum computers.
- The company announced the z17 artificial intelligence mainframe earlier this month.
on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and .
Watch 온라인카지노사이트 5 free wherever you are
WATCH HERE"We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world's most advanced computing and AI capabilities," IBM CEO said in .
The company's announcement comes weeks after President Donald Trump unveiled a far-reaching and aggressive "reciprocal" tariff policy to boost manufacturing in the U.S. As of late April, Trump has , as well as , , and other tech devices and components, from the tariffs.
Get top local stories delivered to you every morning with 온라인카지노사이트 DFW's News Headlines newsletter.
SIGN UP IBM said its investment will help accelerate America's role as a global leader in computing and fuel the economy. The company said it operates the "world's largest fleet of quantum computer systems," and will continue to build and assemble them in the U.S., according to the release.
IBM competitor , the chipmaker that has been the primary benefactor of the boom, announced a similar push earlier this month to manufacture its supercomputers entirely in the U.S.
Money Report
Nvidia plans to produce up to $500 billion of AI infrastructure in the U.S. via its manufacturing partnerships over the next four years.
Last week, better-than-expected first-quarter results. The company said it generated $14.54 billion in revenue for the period, above the $14.4 billion expected by analysts. IBM's net income fell to $1.06 billion, or $1.12 per share, from $1.61 billion, or $1.72 per share, in the same quarter a year ago.
IBM's infrastructure division, which includes mainframe computers, posted $2.89 billion in revenue for the quarter, beating expectations of $2.76 billion.
The company announced a new AI mainframe earlier this month.
— C온라인카지노사이트's Jordan Novet contributed to this report.
