IBM on Monday announced that it will invest $150 billion in U.S. manufacturing to "fuel the economy." The investment will include more than $30 billion that will go toward research and development to allow the computing giant to continue manufacturing its mainframe and quantum computers in the U.

International Business Machines Corp. plans to invest $150 billion in the US over the next five years, joining a cohort of companies that have announced spending commitments following President Donald Trump’s election and tariff threats.