IBM announced Monday that it plans to invest $150 billion in the U.S. over the next five years, becoming the latest major tech firm to promise large-scale domestic investments during the Trump administration.
The company said it will dedicate $30 billion towards advancing U.S. manufacturing of mainframe and quantum computers.
“Technology doesn't just build the future — it defines it,” Arvind Krishna, IBM chairman, president and CEO, said in a statement.
“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,” he added.
IBM joins the likes of Apple, Nvidia and other major tech firms in promising multibillion-dollar investments in the U.S. The iPhone maker announced in February that it plans to invest $500 billion stateside, which will include the construction of a new manufacturing facility in Texas.
Nvidia, whose chips are key to powering the artificial intelligence (AI) boom, said earlier this month that it would manufacture up to $500 billion worth of chips and supercomputers entirely in the U.S. over the next four years.
OpenAI, Oracle and SoftBank are also leading the Trump administration’s Stargate Project, a joint venture that aims to invest $500 billion in building new AI infrastructure in America.
The investments come as President Trump has repeatedly emphasized domestic manufacturing as a goal of his tariff push.
Trump’s tariffs have threatened to upend the tech industry, although it received a temporary reprieve earlier this month when the administration revealed that electronics would be exempted from the president’s “reciprocal” tariffs.
However, the future remains uncertain for tech firms, as Trump has signaled that electronics will ultimately be subject to sector-based tariffs that have yet to be announced.
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