IBM’s CEO, Arvind Krishna, describes how he wants to advance the American Mainframe and Quantum calculation manufacturing during an exclusive interview with “The Claman Countdown”.
International Business Machines Corporation (IBM), one of the country’s largest technological employers, plans to invest $ 150 billion in the United States “over the next five years to fuel the economy and accelerate its world leader in IT,” said a press release.
“We are extremely focused on the use of American ingenuity and American innovation,” IBM CEO, Arvind Krishna said on an exclusive interview on “The Claman Countdown” on Monday. “When I think of artificial intelligence, quantum computer science, computers between Mainframe, this investment in R&D associated with all associated manufacturing will allow the United States to be at the front of these three technologies.”
IBM was founded in 1911 as a computer reduction company and was renamed in 1924, According to his website. The company affirms that its innovations “allowed the American social security system, the Apollo program which put a man on the moon and electricity companies in each industry”.
The company Factrique High performance computers Mainframe In Powhkeepsia, New York, “it is the technological backbone of American and global economies. More than 70% of global transactions by value carried out by IBM mainframes that are manufactured here in America”.
A low -angle view of the facade of the Regional Headquarters of International Commercial Machines (IBM) in Silicon Valley – Foster City, California – November 17, 2018. (Smith Collection / Gado / Getty Images / Getty Images)
IBM says that it “will continue to design, build and assemble quantum computers in America. “”
The company joins the list of companies that invest in America under the president Donald Trump.
“We really appreciate the emphasis put by this administration on American innovation and to help stimulate global affairs,” said Krishna. “This investment is money that we deposit because we believe in the economic opportunity, here and in the world.”
Last week, IBM published its profits from the first quarter of 2025, which scored a turnover of $ 14.5 billion.
“ Very first, 3 rows ” of Hyundai EV under the production of the new Georgia factory
IBM has announced its intention to invest $ 150 billion in the United States over the next five years. (Plexi images / ghi / ucg / universal images group / getty images)
IBM shares have earned 12% so far this year, upgrading the Benchmark S&P 500 index, which has decreased by almost 9%.
The company has provided for a turnover of June-trimester between $ 16.40 billion and 16.75 billion dollars, above the average estimate of analysts of $ 16.33 billion, according to data compiled by LSEG.
IBM displayed on a smartphone with Meta has seen in the background. August 10, 2023 in Brussels, Belgium. (Jonathan Raa / Nurphoto via Getty Images / Getty Images)
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| IBM | International Business Machines Corp. | 236.16 | +3.75 |
+ 1.61% |
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“We remain optimistic about long -term growth opportunities for technology and Global economy. Although the macroeconomic environment is fluid, depending on what we know today, we are now our expectations in full year for income growth and available cash flows, “Krishna said in a statement.
Milanee Kapadia and Fox Business Reuters contributed to this report.