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.

IBM announced a $150 billion investment in the U.S. over the next five years. The funds include $30 billion to advance American manufacturing of its mainframe and quantum computers. The company announced the z17 artificial intelligence mainframe earlier this month.

Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, including around $30 million in R&D.