10:52 ET -- International Business Machines Corp. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. IBM said Thursday it plans to invest $20 billion across the Hudson Valley region of New York in the next 10 years to boost innovation related to semiconductors, artificial intelligence and quantum computers. IBM said it hoped the investment would accelerate the pace of discovery across the region, where the company has long built state-of-the-art mainframes and last year announced the first 2 nanometer chip technology. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

(END) Dow Jones Newswires

October 06, 2022 11:07 ET (15:07 GMT)

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