IBM Plans to Invest $150 Billion Domestically in Latest Tech Sector Pledge

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IBM joined a series of technology companies on Monday to announce plans for new investments in the United States, since the Trump administration presses companies to expand their American manufacture.

The software company, based in Haronk, New York, said it would invest $ 150 billion in the United States in the next five years, including $ 30 billion to support its mainframe production and quantum computers. The announcement, framed in part as an effort to feed the US economy, occurs after the chips manufacturer Nvidia said this would invest $ 500 billion and produce all its IA supercomputers in the United States.

“With this investment and manufacturing commitment, we ensure that IBM oars to the epicenter of the most advanced computer and the world of computing and AI,” said Arvind Krishna, executive director of IBM, in a statement.

But it remains to be seen if IBM promises and other technological giants reach the fruit. The investments promoted by the main companies, even during the first mandate of President Trump, sometimes they have not reached the plans described in their ads. A $ 10 billion project announced in Wisconsin by the Foxconn electronic products manufacturer in 2018, acclaimed by Mr. Trump as the “Wonder of the World”, did not reach expectations.

The ads have constantly arrived since the inauguration of Mr. Trump. The Taiwan semiconductor manufacturing company, the world’s largest chips manufacturer, said last month that it would spend $ 100 billion in the United States in the next four years to expand its production capacity and bring Advanced Semiconductor in Ital. In February, days after Apple executive director with Trump, the company said it planned to spend $ 500 billion and hire 20,000 people in the United States in the next four years, and open a factory in Texas to make the machines promote the company’s artificial intelligence.

In January, Trump announced a joint company between OpenAI, SoftBank and Oracle to create at least $ 100 billion in computer infrastructure to boost artificial intelligence, an initiative that joined the important investments of technological companies in US data. UU.

The Trump administration has pressed companies to produce more in the United States, with a particular objective to China. Even so, he has saved smartphones, computers, semiconductors and other electronics of the tariffs imposed on Chinese products as part of their commercial war.

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