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Biden: IBM investment to help in tech competition with China

President Joe Biden looks at the IBM System One quantum computer during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden listens as IBM Chairman and CEO Arvind Krishna speaks during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden speaks as he looks at IBM chips, mainframes and memory cards during a tour of an IBM facility with IBM Chairman and CEO Arvind Krishna, left, in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden looks at IBM chips, mainframes and memory cards during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden speaks during a tour of an IBM facility with IBM Chairman and CEO Arvind Krishna, left, in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden stands by the IBM System One quantum computer during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden looks at the IBM System One quantum computer with New York Gov. Kathy Hochul during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden listens as IBM Chairman and CEO Arvind Krishna speaks during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden listens as IBM Chairman and CEO Arvind Krishna speaks during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden speaks at an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden looks at the IBM System One quantum computer during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden greets workers with New York Gov. Kathy Hochul, third from left, during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden looks at the IBM System One quantum computer with New York Gov. Kathy Hochul during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden listens as IBM Chairman and CEO Arvind Krishna, right, speaks during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik) President Joe Biden looks at the IBM System One quantum computer with New York Gov. Kathy Hochul during a tour of an IBM facility in Poughkeepsie, N.Y., on Thursday Oct. 6, 2022. (AP Photo/Andrew Harnik)