IBM plans $150 billion in US investment over next five years

• IBM is the latest to announce major US investments, totaling $150 billion
• $30 billion will be earmarked for quantum computing
• IBM has lost 15 US government contracts

IBM has confirmed plans to invest $150 billion into the US over the next five years (via Reuters), including over $30 billion dedicated to quantum computer and mainframe manufacturing expansion.

The news comes just days after the company announced its first-quarter financial results, posting a 1% year-over-year increase in revenue to $14.5 billion.

More broadly, it's a trend we're seeing across the tech industry, with US-imposed tariffs drawing more companies to invest in the US – Apple and Nvidia have both already promised to invest $500 billion each into the US.

IBM is the latest to announce US investments

The multibillion-dollar investments are all seen as efforts to align with President Trump's push for local manufacturing ...