IBM unveils $150 Billion investment in America
Investment to fuel the economy and to accelerate its role as the global leader in computing
IBM is one of the USA's largest technology employers and has ushered in innovations that include the data processing systems that enabled the U.S. social security system, the Apollo Program that put a man on the moon, and power businesses in every industry.
That legacy continues in Poughkeepsie, New York, where the company manufactures the cutting-edge mainframes that are the technology backbone of the American and global economies. More than 70% of the entire world's transactions by value run through the IBM mainframes that are manufactured right here in America.
IBM also operates the world's largest fleet of quantum computer systems, and will continue to design, build and assemble quantum computers in America.
The announcement reaffirms IBM's unwavering commitment to the future of American innovation.
"Technology doesn't just build the future — it defines it," said Arvind Krishna, IBM chairman, president and chief executive officer. "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."