IBM Announces $150 Billion U.S. Manufacturing Push

IBM has announced a $150 billion investment in U.S. manufacturing over the next five years, with over $30 billion dedicated to research, development, and expanding mainframe and quantum computer production, primarily at facilities in Poughkeepsie, New York. This announcement follows pledges from Nvidia and Apple to invest $500 billion each, amid the Trump administration's drive for domestic manufacturing and new tariff policies. IBM CEO Arvind Krishna highlighted the company's leadership in advanced computing and AI, noting that over 70% of global transactions are processed on U.S.-made IBM mainframes. The investment comes as IBM has recently lost 15 government contracts, yet the company exceeded analyst expectations in its latest quarterly earnings despite stock volatility. Analysts view these major commitments as both strategic business moves and efforts to align with government priorities during ongoing trade tensions. IBM remains at the forefront of quantum computing, though real-world applications are still developing.