IBM Takes a Billion-Dollar Step Toward Becoming Quantum’s Foundry King

IBM Takes a Billion-Dollar Step Toward Becoming Quantum’s Foundry King

The federal government handed IBM $1 billion last week to help the build the first pure play quantum wafer foundry in the US.

Anderon finalizes agreement for $1 billion CHIPS award

Anderon, an IBM company, operates a state-of-the-art 300-millimeter pure-play quantum wafer foundry, backed by an additional USD 1 billion investment from IBM. Headquartered in New York, the new venture serves the quantum industry as a pure-play foundry.

Clifford Chance advises U.S. Department of Commerce on US$1 billion CHIPS Act Award to Anderon for quantum semiconductor foundry development

Global law firm Clifford Chance has advised the U.S. Department of Commerce in the finalization of...

Anderon secures funds to scale and expand quantum wafer technology

IBM subsidiary Anderon has finalised a $1-billion award under the CHIPS and Science Act with the US Department of Commerce to accelerate its R&D efforts to advance the country’s quantum wafer manufacturing capabilities. Anderon operates a state-of-the-art 300-millimeter pure-play quantum wafer foundry, backed by an additional $1-billion investment from IBM. Headquartered in Albany, New York, […]