IBM to announce $20B investment during Biden trip to New York ...Middle East

IBM on Thursday will announce plans to invest $20 billion over the next 10 years on research and development initiatives and semiconductor manufacturing as President Biden visits the company’s campus in New York. Biden will travel to Poughkeepsie to speak about his economic plan and meet with workers, a White House official said. The president will highlight IBM’s announcement, which comes on the heels of another investment from chip manufacturer Micron in upstate New York. IBM said its vision for the Poughkeepsie campus is to become “a global hub of the company’s quantum computing development.” Biden will be joined during the visit by Reps. Sean Patrick Maloney (D-N.Y.), Paul To

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