US EditionIonQ to Buy SkyWater for $1.8 Billion to Expand Hardware Capabilities
The $1.8 billion acquisition gives IonQ full control of SkyWater's U.S.-based semiconductor foundry, advancing integrated quantum chip manufacturing and trusted supply chains.
- On Monday, IonQ announced a definitive agreement to buy SkyWater Technology for $35.00 per share, implying about $1.8 billion in equity value with closing expected in the second or third quarter of 2026.
- Company leaders said the acquisition aims to internalize chip production by giving IonQ direct control over advanced chip design, packaging, and fabrication essential for scaling trapped-ion systems.
- Markets reacted quickly, lifting IonQ and SkyWater shares as IonQ gained about 7% and SkyWater nearly 6%, despite IonQ’s recent 25% decline and strong 2025 momentum including $1.5 billion in cash.
- Operationally, SkyWater will continue as a wholly owned subsidiary led by Thomas Sonderman reporting to Niccolo de Masi, with Minnesota, Florida and Texas facilities becoming Regional Quantum Production Hubs.
- IonQ now expects functional testing of 200,000-qubit chips in 2028, accelerating its path to 2,000,000-qubit systems by up to a year, while analysts say the deal positions it to emulate Nvidia and capture a $46 billion to $97 billion market by 2035.
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19 Articles
IonQ Just Bought Its Own Chip Foundry for $1.8 Billion -- Is This the Nvidia of Quantum?
Quick Read IonQ (IONQ) will acquire semiconductor foundry SkyWater Technology (SKYT) for $1.8B. This creates the first vertically integrated quantum computing company. IonQ gains control over chip fabrication and will start testing 200,000-qubit chips in 2028. IonQ grew Q3 revenue 222% to $39.9M and holds $1.5B in cash for expansion. It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all …
IonQ to Acquire SkyWater Technology in $1.8 Billion Vertical Integration Transaction
IonQ has entered into a definitive agreement to acquire SkyWater Technology for approximately $1.8 billion in a cash-and-stock transaction. Under the terms of the agreement, SkyWater shareholders will receive $15.00 in cash and $20.00 in IonQ common stock per share, subject to a collar. The acquisition establishes IonQ as a vertically integrated quantum hardware provider, [...] The post IonQ to Acquire SkyWater Technology in $1.8 Billion Vertica…
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