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Killexams : IBM Technical test plan - BingNews https://killexams.com/pass4sure/exam-detail/000-783 Search results Killexams : IBM Technical test plan - BingNews https://killexams.com/pass4sure/exam-detail/000-783 https://killexams.com/exam_list/IBM Killexams : Biden to tout IBM's plans to invest $20 billion in New York over the next decade

U.S. President Joe Biden holds a virtual meeting with business leaders and state governors to discuss supply chain problems, particularly addressing semiconductor chips, on the White House campus in Washington, March 9, 2022.

Jonathan Ernst | Reuters

President Joe Biden on Thursday will tout IBM Corp's plans to invest $20 billion in New York over the next decade in development and manufacturing of semiconductors, mainframe technology, artificial intelligence and quantum computing.

The announcement is the latest in a string of investments unveiled since Biden signed the Chips and Science bill in August that funded $52 billion to subsidize semiconductor chips manufacturing and research.

The administration says hefty subsidies for private businesses are necessary because China and the European Union had been awarding billions in incentives to chip companies.

Biden has sought to capitalize on the investment announcements ahead of next month's midterm congressional elections. Last month, he traveled to Ohio to speak at the site of Intel Corp's planned $20 billion semiconductor manufacturing facility.

On Tuesday, Micron Technology said it would invest up to $100 billion over the next 20-plus years to build a semiconductor fabrication facility in New York that is expected to create nearly 50,000 jobs, with the first phase investment of $20 billion planned this decade.

White House National Economic Director Brian Deese on Twitter called the Micron investment "a significant win for US economic & national security" and "part of a deliberate, long term industrial strategy that will bolster U.S. competitiveness, & increase our long-term productive capacity."

Biden will visit IBM's Poughkeepsie, New York, site home to of the largest concentrations of quantum computers and will be joined by Chief Executive Arvind Krishna.

IBM said it plans to make its Poughkeepsie site "a global hub of the company's quantum computing development, just as it is today for mainframes." IBM did not provide a detailed breakdown of its $20 billion investment plans.

IBM said chips funding "will ensure a reliable and secure supply of next-generation chips for today's computers and artificial intelligence platforms."

Thu, 06 Oct 2022 01:53:00 -0500 en text/html https://www.cnbc.com/2022/10/06/biden-to-tout-ibms-plans-to-invest-20-billion-in-new-york-over-the-next-decade.html
Killexams : Biden tours New York IBM site after company announces $20B investment

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."

"IBM is deeply honored to host President Biden 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. "As we tackle large-scale technological challenges in climate, energy, transportation and more, we must continue to invest in innovation and discovery — because advanced technologies are key to solving these problems and driving economic prosperity, including better jobs, for millions of Americans."

President Biden visits Fisherman's Wharf at Fort Myers Beach, Florida, on Wednesday to see the damage caused by Hurricane Ian. (Saul Young/Knoxville News Sentinel via AP, Pool / AP Newsroom)

MICRON PLANS $100B COMPUTER CHIP FACTORY IN NEW YORK

IBM's New York business supports more than 7,500 jobs across the region. 

IBM said its Poughkeepsie site builds state-of-the-art mainframe computers and is home to the corporation's first Quantum Computation Center.

The company said that the president's visit to the site highlights the bipartisan CHIPS and Science Act, which Biden signed in August. 

An IBM facility. (Credit: IBM / Fox News)

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"The technology that IBM delivers today from Poughkeepsie will directly benefit from the CHIPS and Science Act that the president recently signed into law. It will ensure a reliable and secure supply of next-generation chips for today's computers and artificial intelligence platforms as well as fuel the future of quantum computing by accelerating research, expanding the quantum supply chain and providing more opportunities for researchers to explore business and science applications of quantum systems," IBM said. 

An IBM worker (Credit: IBM / Fox News)

IBM said that the expansion of an innovation model at its Albany location could be a foundation for the National Semiconductor Technology Center (NSTC) that will be implemented as part of the CHIPS and Science Act.

Biden was joined by Reps. Sean Patrick Maloney and Pat Ryan.

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The IBM investment comes on the heels of chipmaker Micron announcing earlier this week an investment of up to $100 billion over the next 20-plus years to build a plant in upstate New York that could create 9,000 factory jobs.

The Associated Press contributed to this report.

Thu, 06 Oct 2022 09:40:00 -0500 Julia Musto en-US text/html https://www.foxbusiness.com/markets/biden-tours-new-york-ibm-site-after-company-announces-20b-investment
Killexams : IBM and CEO Arvind Krishna Welcome President Biden to Poughkeepsie Site, Company Plans to Invest $20 billion in the Hudson Valley Region Over 10 Years

POUGHKEEPSIE, N.Y., Oct. 6, 2022 /PRNewswire/ -- Today U.S. President Joseph R. Biden, Jr. and IBM (NYSE: IBM) Chairman and CEO Arvind Krishna will tour IBM's Poughkeepsie, New York site to see firsthand where the future of computing is being innovated, designed and manufactured. During the visit, IBM will announce a plan to invest $20 billion across the Hudson Valley region over the next 10 years. The goal of the investments, which will be strengthened by close collaboration with New York State, is to expand the vibrant technology ecosystem in New York to unlock new discoveries and opportunities in semiconductors, computers, hybrid cloud, artificial intelligence and quantum computers.

IBM has long called New York state home, and its business supports more than 7,500 jobs across the Hudson Valley. This region has been a hub of innovation and manufacturing for decades. From Westchester County to Poughkeepsie to Albany, IBMers are pushing the limits of computing and helping clients embrace digital transformation. 

"IBM is deeply honored to host President Biden at our Poughkeepsie site today and we look forward to highlighting our commitments to the innovations that advance America's economy," Arvind Krishna, Chairman and CEO of IBM, said. "As we tackle large-scale technological challenges in climate, energy, transportation and more, we must continue to invest in innovation and discovery - because advanced technologies are key to solving these problems and driving economic prosperity, including better jobs, for millions of Americans."

President Biden's visit to the IBM Poughkeepsie site highlights the CHIPS and Science Act's unique opportunity to advance American innovation and manufacturing. The technology that IBM delivers today from Poughkeepsie will directly benefit from the CHIPS and Science Act that the President recently signed into law. It will ensure a reliable and secure supply of next-generation chips for today's computers and artificial intelligence platforms as well as fuel the future of quantum computing by accelerating research, expanding the quantum supply chain, and providing more opportunities for researchers to explore business and science applications of quantum systems. 

IBM's Poughkeepsie site has helped the country embrace the transformative power of technology since 1941, from manufacturing armaments during World War II to developing and building the latest generation mainframe computers. In Poughkeepsie, IBM builds state-of-the-art mainframe computers that power the global economy. The site also is home to IBM's first Quantum Computation Center – where a large number of real quantum computers run in the cloud. IBM's vision is for Poughkeepsie to become a global hub of the company's quantum computing development, just as it is today for mainframes.

The future of semiconductor technologies also is being created in the Hudson Valley, from Yorktown Heights to Albany and beyond. In Albany, a unique public-private semiconductor ecosystem is where IBM last year announced the first 2 nanometer chip technology, one of the semiconductor industry's biggest breakthroughs of the last decade. The expansion of Albany's collaborative innovation model could be a foundation for the National Semiconductor Technology Center (NSTC) that will be implemented as part of the CHIPS and Science Act.

IBM's announcement today builds on and expands these investments in the future of American innovation, and will fuel economic growth and job opportunities for people of all backgrounds to work with cutting-edge systems and accelerate the pace of discovery across the Hudson Valley.

About IBM:
ibm.com

Media Contacts:

Ashley Bright
brighta@us.ibm.com

Miki Carver
miki.carver@ibm.com

IBM Corporation logo. (PRNewsfoto/IBM)

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SOURCE IBM

Wed, 05 Oct 2022 21:07:00 -0500 en text/html https://markets.businessinsider.com/news/stocks/ibm-and-ceo-arvind-krishna-welcome-president-biden-to-poughkeepsie-site-company-plans-to-invest-20-billion-in-the-hudson-valley-region-over-10-years-1031786613
Killexams : Biden set to visit IBM Poughkeepsie plant to highlight $20B expansion plan

President Biden will a fast-growing IBM facility in Poughkeepsie on Thursday to highlight tech investment in the Hudson Valley.

Biden will “deliver remarks on creating jobs, lowering costs, and ensuring the future is made in America” at the IBM facility, the White House said in a statement.

IBM is expected to use the presidential visit to unveil a $20 billion investment plan in the plant over the next decade, including expanding research and development, semiconductor manufacturing, mainframe technology, artificial intelligence and quantum computing.

About 3,000 people work at IBM’s Poughkeepsie plant, making it one of the largest employers in the region.

Biden is also expected to trumpet passage of the bipartisan CHIPS and Science Act, which is designed to boost domestic manufacturing of computer chips and tech investment in the U.S.

The IBM announcement is the second big job-creating coup in upstate New York in accurate days after Micron announced it would build a sprawling new factory near Syracuse.

Biden’s visit is also designed to boost Democrats in the Hudson Valley, traditionally a swing region of deep blue New York state.

Gov. Hochul will join him along with Rep. Sean Patrick Maloney (D-N.Y.) and newly minted Rep. Pat Ryan (D-N.Y.), who is running for a full term in a redrawn district that includes Poughkeepsie.

Both lawmakers are locked in tight congressional races that are considered critical to Democratic hopes of holding the House of Representatives in the midterm elections.

After IBM, Biden will attend fundraisers for Democrats in Red Bank, N.J., and in Manhattan before heading back to Washington, D.C.

©2022 New York Daily News. Visit nydailynews.com. Distributed by Tribune Content Agency, LLC.

Thu, 06 Oct 2022 02:30:00 -0500 en-US text/html https://www.msn.com/en-us/news/politics/biden-set-to-visit-ibm-poughkeepsie-plant-to-highlight-20b-expansion-plan/ar-AA12Fg9Z
Killexams : Biden Hails IBM’s Plans to Invest $20 Billion in Visit to NY

(Bloomberg) -- President Joe Biden touted IBM Corp.’s plans to invest $20 billion over the next decade in New York, saying it could make the region a hub for quantum computing and resulted from legislation he signed to boost US research and development.

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“The Hudson Valley could become the epicenter of the future of quantum computing, the most advanced and fastest computing ever, ever seen in the world,” said Biden on Thursday during a visit to the IBM campus in Poughkeepsie, New York. “It’s technology that is vital to our economy, and equally important to our national security.”

IBM’s investments will go toward research and development and manufacturing involving semiconductors, mainframe technology, artificial intelligence and quantum computing. IBM builds mainframe computer systems at the campus, which also houses the company’s first Quantum Computation Center, one of the largest concentrations of quantum computers.

Biden, accompanied by IBM Chairman Arvind Krishna, met with workers during his visit and was shown a quantum computer. Biden was also joined on the visit by New York Governor Kathy Hochul and Representatives Sean Patrick Maloney and Patrick Ryan.

“I believe the reason why companies like IBM are choosing to build in America is because we’re better positioned globally than we have been in any time in a long time,” said Biden, touting the Chips and Science Act, which provides $52 billion to bolster domestic semiconductor research and development.

Biden signed the measure into law in August, part of an administration effort to reduce dependence on Asian suppliers of semiconductors like Taiwan and South Korea, whose homegrown companies are leading the market, and to ease supply-chain disruptions that raised prices for goods.

With less than five weeks until the November midterm elections, Biden has been stepping up his travel to tout legislative victories, including the semiconductor subsidies and the Inflation Reduction Act -- the Democrats’ climate, tax and health-care package.

Read more: Micron Plans to Invest Up to $100 Billion in NY Chip Factory

IBM has promoted key elements of Biden’s legislative agenda. Krishna attended the August chips bill signing ceremony and the company lobbied lawmakers to pass a bipartisan infrastructure bill that includes funding to build out broadband networks.

The IBM announcement follows one on Tuesday from Micron Technology Inc., which said it plans to invest as much as $100 billion over the next 20 years to build a factory in upstate New York to boost domestic production of memory chips.

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.

Thu, 06 Oct 2022 06:30:00 -0500 en-US text/html https://news.yahoo.com/ibm-unveil-20-billion-investment-090000810.html
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