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

IBM has announced a $150 billion investment plan in the United States over the next five years, with a significant portion dedicated to mainframe and quantum computing. This move aligns with ongoing efforts by other tech companies, such as Nvidia and Apple, to increase production in the U.S. However, past experiences have raised doubts about the fulfillment of such commitments, as major tech firms have occasionally failed to deliver on promised projects, making future prospects uncertain amid the current political climate.
IBM's commitment to invest $150 billion in the U.S. includes $30 billion dedicated to supporting the production of advanced mainframe and quantum computing.
Despite investment pledges from tech giants, the history of such announcements raises questions about their execution and true impact on the economy.
Read at www.nytimes.com
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