By Vardah Gill
Publication Date: 2026-06-01 02:54:00
International Business Machines Corporation (NYSE:IBM) is included among the 15 Best Dividend Paying Stocks to Buy Right Now.
On May 28, Reuters reported that International Business Machines Corporation (NYSE:IBM) plans to invest more than $10 billion in quantum computing over the next five years as it pursues an ambitious goal: building the first large-scale quantum computer by 2029 that can perform complex calculations reliably and without errors.
The announcement follows a decision by the Trump administration last week to take $2 billion in equity stakes in nine quantum computing companies. As part of that effort, IBM is expected to receive half of the funding for a new venture called Anderon, which is being developed as the first dedicated quantum chip manufacturing facility in the United States.
The initiative reflects the administration’s broader push to…
