IBM has announced plans to invest $150 billion in the United States over the next five years to boost the economy and cement its position as a global technological leader. More than $30 billion will be allocated towards research and development, focusing on mainframes and quantum computing.

IBM on Monday joined a slew of technology companies to announce plans for new investments in the United States, as the Trump administration pressures firms to expand their U.S. ma

IBM has announced a $150 billion investment in the United States over the next five years, focusing heavily on quantum technology. The company aims to expand local manufacturing of quantum computers and mainframes to support critical applications.