International Business Machines (IBM) said Monday it plans to invest $150 billion in the U.S. over the next five years, the latest in a string of large companies boosting their presence in the country since President Donald Trump regained the White House.

IBM said its planned outlay includes more than $30 billion in research and development to “advance and continue” making mainframe and quantum computers in the U.S.

“We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities,” IBM CEO Arvind Krishna said. 

Other companies that have announced plans in recent months to increase their U.S. presence as Trump implements tariffs include Apple (AAPL), which said it would spend $500 billion in the country over the next four years; chipmaking giant Taiwan Semiconductor Manufacturing Company (TSM), which said it is planning a $100 billion outlay in U.S.-based manufacturing facilities; and Swiss drugmaker Roche, which said last week it would invest $50 billion over the next five years.

IBM shares rose 1% as markets opened Monday. They are up 7% this year.