IBM · News · 20260916N
Quantum Computing Investment
INTERNATIONAL BUSINESS MACHINES CORP · 2026-09-16 · Importance 65 · Surprise 60 · Contradicted
Anderon, an IBM company, finalized a $1 billion CHIPS and Science Act award from the U.S. Department of Commerce to accelerate research and development for a 300-millimeter pure-play quantum wafer foundry in Albany, New York. The funding is intended to scale quantum wafer manufacturing, expand access to the technology, and transition research breakthroughs into commercial-grade applications. The award strengthens IBM’s domestic quantum hardware supply chain and supports development of a U.S.-based quantum computing manufacturing platform.
Key facts
- IBM has a $1 billion commitment that, combined with the $1 billion federal award, funds quantum wafer manufacturing at its spun-out company Anderon. source
- Anderon operates a 300-millimeter pure-play quantum wafer foundry in Albany, New York. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -0.6% | IBM has a $1 billion commitment that, combined with the $1 billion federal award, funds quantum wafer manufacturing at its spun-out… |
| assets | positive | committed | +0.6% | IBM has a $1 billion commitment that, combined with the $1 billion federal award, funds quantum wafer manufacturing at its spun-out… |