Anderon, an IBM Company, Finalizes Agreement with the U.S. Department of Commerce for a $1 Billion CHIPS Award to Accelerate R&D for U.S.-Based Pure-Play Quantum Foundry
Anderon, an IBM company, finalized a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce to accelerate R&D at its Albany, New York quantum wafer foundry. IBM is backing the pure-play quantum foundry with an additional $1 billion investment, and the 300mm facility has already run its first quantum wafers through production.
Key figures
- Deal Value Usd
- 1000000000
- Wafer size mm
- 300
- Ibm investment usd
- 1000000000
AI analysis
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