Arvind Krishna, Executive Director of International Business Machines Corp. (IBM), duration of a Bloomberg television interview at the world governments summit in Dubai, United Arab Emirates, on Tuesday, February 11, 2025.
Christopher Pike | Bloomberg | Getty images
IBM On Monday he announced that he will invest $ 150 billion in the US.
“We have focused on US works and manufacturing from the foundation 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of computing capacity and the most advanced in the world.
The Company’s Announcement Comes Week After President Donald Trump Unveiled A Far-Reaching and Aggressive “Reciprocal” Tariff Policy to Boost Manufacturing in the Us As of Late Eaves, and Other, and Eaves, and Eaves, and Other, and Eaves, Eaves, and Eaves, and Eaves, and Eaves, and Eaves, and Eaves, and Eaves, and Eaves, and Othernens, and Othernens, and Othernens, and Other.
IBM said its investment will help accelerate the role of the United States as a world leader in computer science and feed the economy. The company said that the “largest fleet in the world of quantum computer systems” operates, and will continue to build them and assemble them in the US. UU., According to the launch.
IBM competitor NvidiaThe chips manufacturer that has the bone of the main benefactor of the rise of artificial intelligence, announced a similar impulse earlier this month to manufacture its Nvidia supercomputers completely in the United States.
Nvidia plans to produce up to $ 500 billion of AI infrastructure in the US. Through its manufacturing associations in the next four years.
Last week, IBM reported better results than expected of the first quarter. The company said it generated $ 14.54 billion in revenues 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, of $ 1.61 billion, or $ 1.72 per share, in the same quarter of the previous year.
The IBM infrastructure division, which includes Mainframe computers, recorded revenues of $ 2.89 billion for the quarter, exceeding $ 2.76 billion expectations.
The company announced a new Z17 AI Mainframe at the beginning of this month.
– Jordan novel from CNBC contributed to this report.