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 LLC, IBM's quantum foundry subsidiary, finalized a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce to accelerate R&D for U.S.-based quantum wafer manufacturing. The Albany, New York venture operates a 300-millimeter pure-play quantum foundry backed by an additional $1 billion investment from IBM, and its first quantum wafers are already running through the fab.
Key figures
- Deal Value Usd
- 1000000000
- Wafer size mm
- 300
- Ibm investment
- 1000000000
- First quantum wafers running
- Yes
AI analysis
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