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Biden tours New York IBM site after company announces $20B investment

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President Biden is touring an IBM site in Poughkeepsie, New York, on Thursday afternoon. The company is announcing an investment of $20 billion into the region.

Biden delivers remarks on job creation at New York IBM site.

President Biden landed on Thursday in New York to highlight IBM's plan to invest $20 billion across the state's Hudson Valley region over the next 10 years. Biden toured the corporation's Poughkeepsie site "to see firsthand where the future of computing is being innovated, designed and manufactured." IBM said that the goal of the investments is to expand the technology ecosystem in New York — creating job opportunities — and to "unlock new discoveries and opportunities in semiconductors, computers, hybrid cloud, artificial intelligence and quantum computers."at our Poughkeepsie site today and we look forward to highlighting our commitments to the innovations that advance America's economy," CEO Arvind Krishna said in a statement.

President Biden visits Fisherman's Wharf at Fort Myers Beach, Florida, on Wednesday to see the damage caused by Hurricane Ian.

 

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Why would they choose New York? Seems a poor business decision.

And Nancy Pelosi is buying what stock right now?

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IBM to announce $20B tech investment during Biden visitPresident Joe Biden will tour the IBM facility in Poughkeepsie Thursday and join company officials in announcing a massive investment in research and development, the manufacturing of semiconductors and other high-tech jobs.
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