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 CHIPS and Science Act award with the U.S. Department of Commerce to accelerate R&D for its Albany, New York quantum wafer fab. IBM is backing the venture with an additional $1 billion investment, and the 300mm pure-play foundry has already begun running its first quantum wafers through manufacturing — an early production milestone.
Key figures
- Deal Value Usd
- 1000000000
- Wafer size mm
- 300
- Ibm investment
- 1000000000
- Production status
- first quantum wafers running through the manufacturing facility
AI analysis
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