IBM Lands Government Backing in Chip Manufacturing: Should You Invest Now?

By Jose Najarro, Nicholas Rossolillo, and Billy Duberstein – Apr 3, 2023 at 11:27AM

NYSE: IBM

International Business Machines

Market Cap

$155B

Today's Change

(-1.05%) -$1.78

Current Price

$167.13

Price as of April 26, 2024, 4:00 p.m. ET

IBM continues to innovate in chip design and packaging, and with recent government support, it's poised for even greater success.

IBM (IBM -1.05%) secures government backing for its surprising chip manufacturing venture. Discover how this tech giant is making waves in the semiconductor space and what it means for IBM stock. Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of March 30, 2023. The video was published on March 31, 2023.

Billy Duberstein has no position in any of the stocks mentioned. Jose Najarro has no position in any of the stocks mentioned. Nicholas Rossolillo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.