GlobalFoundries launches Quantum Technology Solutions to scale U.S. quantum manufacturing
GlobalFoundries launched Quantum Technology Solutions, a dedicated business unit to scale manufacturing for utility-scale quantum computing using its cryogenic CMOS and advanced packaging capabilities. The initiative is anchored by a letter of intent for $375 million in funding from the U.S. Department of Commerce, alongside a strategic equity investment giving the U.S. government a 1% ownership stake in GF.
Key figures
- Us gov equity stake
- 1%
- Government funding loi
- 375000000
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