IBM · News · 20260917N

Quantum Computing Funding Policy

INTERNATIONAL BUSINESS MACHINES CORP · 2026-09-17 · Importance 65 · Surprise 60

IBM subsidiary Anderon finalized a $1 billion award from the U.S. Commerce Department under the CHIPS and Science Act. The award supports development of a quantum wafer foundry in the United States, with the facility reportedly beginning production. IBM is matching the $1 billion government award, strengthening its long-term quantum-computing manufacturing strategy and representing a material strategic investment exceeding the company’s materiality threshold.

Key facts

• A gurufocus item reported that Anderon finalized a $1 billion award under the CHIPS and Science Act. source
• Gurufocus reported that IBM secured a finalized $1 billion Commerce Department award for its Anderon subsidiary. source