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Jaime Hampton

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IBM, Commerce Department to Back $1B Quantum Chip Foundry - Techstrong IT
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IBM, Commerce Department to Back $1B Quantum Chip Foundry

The United States could soon have a dedicated quantum chip foundry, backed by the largest award in a $2 billion federal quantum investment package spanning multiple companies. IBM and the U.S. Department of Commerce (DoC) today announced a letter of intent for $1 billion in CHIPS Incentives funding to support Anderon, a new IBM company

Jaime Hampton · May 22, 2026 · 2 min