WS Investor
16 Sep 2026, 15:14
IBM’s Anderon Finalizes $1 Billion U.S. CHIPS Award for Quantum Foundry
IBM (NYSE: IBM) subsidiary Anderon has finalized a $1 billion CHIPS and Science Act award with the U.S. Department of Commerce to accelerate research and development for quantum wafer manufacturing in the United States. The agreement follows the $1 billion proposed award announced in May.
Anderon operates a 300-millimeter pure-play quantum wafer foundry in Albany, New York, supported by an additional $1 billion investment from IBM. The facility is designed to manufacture specialized wafers for superconducting qubit arrays, quantum input/output signaling and readout components, with plans to support additional quantum technologies over time.
The company has already begun running its first quantum wafers through the facility, marking an early step toward production-scale manufacturing. The foundry is intended to serve IBM as well as other quantum technology companies, potentially expanding the domestic supply chain for quantum hardware.
The investment also supports IBM’s broader quantum strategy. IBM has committed more than $10 billion to quantum computing over five years and is working toward large-scale fault-tolerant quantum systems, making scalable wafer manufacturing an important part of its long-term technology roadmap.
IBM (NYSE: IBM) subsidiary Anderon has finalized a $1 billion CHIPS and Science Act award with the U.S. Department of Commerce to accelerate research and development for quantum wafer manufacturing in the United States. The agreement follows the $1 billion proposed award announced in May.
Anderon operates a 300-millimeter pure-play quantum wafer foundry in Albany, New York, supported by an additional $1 billion investment from IBM. The facility is designed to manufacture specialized wafers for superconducting qubit arrays, quantum input/output signaling and readout components, with plans to support additional quantum technologies over time.
The company has already begun running its first quantum wafers through the facility, marking an early step toward production-scale manufacturing. The foundry is intended to serve IBM as well as other quantum technology companies, potentially expanding the domestic supply chain for quantum hardware.
The investment also supports IBM’s broader quantum strategy. IBM has committed more than $10 billion to quantum computing over five years and is working toward large-scale fault-tolerant quantum systems, making scalable wafer manufacturing an important part of its long-term technology roadmap.
