IBM to spend $251.1b in US over next five years

(Image: Getty)

Tue, 29 Apr 2025

By Katherine HamiltonInternational Business Machines (IBM) plans to invest US$150 billion (NZ$251.1b) in the US over the next five years as tariffs threaten to make international manufacturing more expensive.The Armonk, NY, software company said Monday the investment includes more than US$30b in research and development for making mainframe and quantum computers in the US.IBM already manufactures mainframes in Poughkeepsie, NY. It also operates a fleet of quantum computers, a growing sector of the software industry.The company said its inv...

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