IBM announced Monday that it plans to invest $150 billion in the U.S. over the next five years, becoming the latest major tech firm to promise large-scale domestic investments during the Trump

International Business Machines said Monday it plans to invest $150 billion in the U.S. over the next five years, the latest in a string of large companies boosting their presence in the country since President Donald Trump regained the White House.

IBM plans to spend $30 billion in the development of quantum computers and mainframe systems in the US over the next five years as part of a $150 billion investment pledge. Big Blue announced its plans on Monday in a move that it said would “fuel the economy” and “accelerate” the company’s role as a global leader in computing.