IBM’s Anderon finalizes $1B chips award with US Commerce Department (IBM:NYSE)

IBM’s Anderon finalizes $1B chips award with US Commerce Department (IBM:NYSE)

IBM’s Anderon secures a $1B CHIPS Act award to expand US quantum wafer manufacturing in Albany, NY—see what it means for quantum tech and investors.

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

Funding for Anderon to help scale and expand access to quantum wafer technology

IBM (IBM) Stock: Tech Giant Secures $1B Federal Funding for Quantum Chip Facility

IBM (IBM) stock edges lower as company secures $1B U.S. government contract to build Anderon quantum foundry in upstate New York under Chips Act.

Anderon secures $1B CHIPS award to expand quantum foundry in Albany

Anderon secured a $1 billion CHIPS Act award to expand its quantum wafer foundry in Albany, with IBM matching the investment dollar for dollar.

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 - Business News Week

Funding for Anderon to help scale and expand access to quantum wafer technology ALBANY, N.Y., Sept. 16, 2026 /PRNewswire/ — Today, Anderon LLC (“Anderon”), an IBM (NYSE: IBM) company, announced the finalization of a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce (the “Department”). The award will accelerate […] The post Anderon, an IBM Company, Finalizes Agreement with the U.S. Department of Commerce for a …