IBM announced plans to invest $20 billion in New York state to bolster its production of semiconductors, quantum computers and artificial intelligence.
This, for the next 10 years, a project that has the backing of US President Joe Biden, who presented it as an example of the results already offered by his plan to promote the manufacture of microprocessors and other key products on US soil.
It is intended to reinforce the production of semiconductors, quantum computers or artificial intelligence in the facilities that IBM has in the Hudson Valley, located north of New York City and where it employs more than 7,500 people.
The announcement was made during a visit by Biden to the plant that the technology company has in the town of Poughkeepsie and joins other large investments recently announced in the United States by companies that are taking advantage of the subsidies and aid of a law that was approved in July by Congress to encourage the manufacture of microchips and other technological products in the country.
The dependence of the United States on microchips manufactured abroad, mainly in China, is a major concern for the White House, which wants to multiply national production and sees in this sector a great opportunity to generate good jobs.
Thirty years ago the United States had more than 30% of the world’s chip production and now it represents barely 10%.
For his part, the president and CEO of IBM, Arvind Krishna, insisted that his company is firmly committed to the state of New York – where it is headquartered – and wants the future of computers to pass through the Hudson Valley.