Biden to mark $20-bn IBM investment with Democrats in tough races

President Joe Biden is ready to celebrate a new USD 20 billion investment by IBM in New York’s Hudson River Valley with two House Democrats running in competitive races in next month’s critical mid-term elections.

Biden is taking part in a Thursday afternoon announcement at the IBM facility in Poughkeepsie, New York.

He is expected to hold out the company’s plans as part of what the White House says is a manufacturing boom spurred by this summer’s passage of a USD 280 billion legislative package intended to boost the US semiconductor industry and scientific research.