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IBM United States

IBM Pledges $150 Billion US Investment (reuters.com) 41

IBM announced plans to invest $150 billion in the United States over the next five years, with more than $30 billion earmarked specifically for research and development of mainframes and quantum computing technology. The investment follows similar commitments from tech giants including Apple and Nvidia -- each pledging approximately $500 billion -- in the wake of President Trump's election and tariff threats.

"We have been focused on American jobs and manufacturing since our founding 114 years ago," said IBM CEO Arvind Krishna in a statement. The company currently manufactures its mainframe systems in upstate New York and plans to continue designing and assembling quantum computers domestically. The announcement comes amid challenging circumstances for IBM, which recently saw 15 government contracts shelved under the Trump administration's cost-cutting initiatives.

Further reading: IBM US Cuts May Run Deeper Than Feared - and the Jobs Are Heading To India;
IBM Now Has More Employees In India Than In the US (2017).

IBM Pledges $150 Billion US Investment

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  • by Virtucon ( 127420 ) on Monday April 28, 2025 @11:25AM (#65336995)

    I mean, what are they going to spend it on truly? More H1B "innovation" centers in Iowa?

    IBM hasn't innovated something spectacular since the 80s.

    • by ArchieBunker ( 132337 ) on Monday April 28, 2025 @11:31AM (#65337027)

      IBM does lots of interesting things in the mainframe division.

      https://www.ibm.com/community/... [ibm.com]

    • Thanks for bringing this up. I read "American jobs" and I laughed. Personally, I don't know much about IBM but most companies outsource their IT and then try to say it's for project x or y but IT goes from project to project. Ask what percentage of their current workforce (including contract) is an american and it won't be large. Also, some will be prior H1-Bs that have been here long enough to gain citizenship. American IT is largely dead. H1-B is highly abused and has lots of fraud from these Indian IT fi
      • And yet IBM BORG'd their acquisition of Red Hat.

        They can spend all they want, but first, I don't believe they will-- they don't have the money and 2) they fear acquistions becoming brighter than their dull star of periodic market dominance.

        IBM Innovation is an oxymoron. They want to get metaphorical oil wells, and keep them spouting for decades upon decades. Brilliant in their minds as everyone likes a long return on investment, except that in the middle of that cycle, innovation is lost, clients must move

        • Yeah, I don't know if their are any, mainly, "good" companies left. Personally, I believe all companies beyond a certain size without their original founders are pretty much evil. Everyone wants to anthropomorphize them which we shouldn't do as they don't exist beyond a legal concept, but if we did, they would be sociopaths with greed as their only motivation i.e. without empathy or compassion. That being said Sun Microsystems, Red Hat, Git Hub, seemed to be of high FOSS benefit i.e. benefiting society more
  • by sdinfoserv ( 1793266 ) on Monday April 28, 2025 @11:33AM (#65337035)
    Says CEO Arvind Krishna, born in India and graduate of Indian Institute of Technology Kanpur (BTech)... just say'n.
    • by gweihir ( 88907 )

      IIT is al he has? That is pretty bad... Yes, they have harsh requirements to get in, but the education they provide sucks.

    • I have friends that have. Specifically the inability to move up in the company because Indian tech workers dominate all levels of the company and they won't allow Americans to promote. So you get into an entry level position and you're just stuck there because everything above entry level is Indians and they are against hiring americans.

      Literally Americans need not apply.

      One of the huge problems the Democrat party has is they can't acknowledge this because if you do a thousand people come out of the
    • by ranton ( 36917 )

      "We are investing $150 billion in the US, paid for with $160 billion of staff reductions in the US." -- IBM

    • by laughingskeptic ( 1004414 ) on Monday April 28, 2025 @03:44PM (#65337801)
      Coming to say the same thing. In the last 20 years IBM has shifted over 100,000 jobs to India. $30 billion could translate to over 100,000 jobs in the U.S., but given decades of IBM's behavior this seems very unlikely.
      • From your exact wording, your not even counting the H1-Bs in the U.S. i.e. the imported Indians to take jobs that otherwise would have been available to American's. Again, I don't have a problem with Visa's in general, but this program is so highly abused it's almost laughable. It's also 90%+ Indian, at least in IT, because of those Indian employment companies that have taken over the system through abuse and fraud

      • by zlives ( 2009072 )

        dude thats 3 10 billion dollar golden parachute employees

  • by aardvarkjoe ( 156801 ) on Monday April 28, 2025 @11:50AM (#65337073)

    Just last week, we received notification that IBM is rolling out a "program" to upper-level employees with decades of experience. The idea is that we would work reduced hours for the next year at full pay, and then leave IBM after a year (next March, I believe.)

    Of course, this is for US employees only. I think we can be sure that the replacements for these employees (if there are any) won't be in the US.

    • by gweihir ( 88907 )

      IBM was bad 10 years ago. I had a run-in with one of their big-data teams. Well, while I had a working data-adapter (for the same data, but I was doing a security proxy) and tools after 6 months, they failed, failed and failed again and then at year 3 or so of their project they asked me how I got the data and what the data volume was. That was the first question I asked and the customer (big bank) which had everything nicely available. They were so arrogant and incometent that they went into production (an

    • by bradley13 ( 1118935 ) on Monday April 28, 2025 @02:51PM (#65337683) Homepage
      From afar, it looks like the US tech sector has been taken over by India.
  • by rsilvergun ( 571051 ) on Monday April 28, 2025 @12:04PM (#65337125)
    All I got to say is remember Foxxcon.
    • Re: (Score:2, Insightful)

      by gweihir ( 88907 )

      That was the oragne moron with a "huge success", right?

  • I just read an article about a maker of cheap Chinese trinkets who was trying to set up in the US to defeat tariffs.... Here's the rub; all his employees were getting to be Chinese citizens with US work visas. So that is not going to help an average American at all. We all know they will get immense tax breaks as well.
  • Well, only a question of time.

  • I'm totally committing $billions over the next 10 years to fund tech startups that Leon Skum approves of
    There's absolutely no chance that I'll modify those commitments at soe point in the future.

  • No, they won't. It's just propaganda so Orange Cheeto can brag about it as his accomplishment and fuck off.
    • by mjwx ( 966435 )

      No, they won't. It's just propaganda so Orange Cheeto can brag about it as his accomplishment and fuck off.

      Out of curiosity... Do Cheetos come in any other colour?

  • by nycsubway ( 79012 ) on Monday April 28, 2025 @02:49PM (#65337679) Homepage

    IBM used to create products like the ThinkPad... then they sold that business to a Chinese company. The company's past actions are the only solid data by which to judge whether this current promise will come true.

  • President's term = 4 years.

    Nicely done.

    • by mjwx ( 966435 )

      President's term = 4 years.

      Nicely done.

      So that's at least 4 years of tax breaks they'll collect without spending a cent and then blaming the Democrats (if there even is another free election in the former united states) for everything going wrong at the last minute.

  • $150 billion from IBM, $500 billion from Nvidia, $500 billion from Apple. Apple spends around $20 billion per year on R&D, and IBM and Nvidia spend far less. Somehow, these companies are going to spend far greater amounts on "investments." If they spent all that money on stock buybacks, that would be hard to believe. To spend it all on something worthwhile would be in the realm of Brewster's Millions.

    I wonder if there are any betting markets predicting how much of this pledged money gets spent. Pro

    • You think the idiots in charge will even know how much ACTUALLY is spent? and they will brag about the numbers even if they turn out lower. Think about last Trump and how almost every deal did little significant and long term amounted to bullshit; but they hyped it as if it worked.

      This likely will be on par with Hollywood accounting at best.

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