computeOCTOBER 24, 2026 • 14:30 CET
MW
MegaWatt Intelligence Desk
Executive Briefing (TL;DR)
- Department of Commerce has finalized a CHIPS and Science Act R&D award of up to $1 billion for Anderon, a quantum foundry IBM established earlier this year
- The 16 September announcement backs a manufacturing service for IBM and other quantum-hardware developers.IBM is matching the award with US $1 billion in cash and contributing intellectual property, assets, and skilled workers
- Headquartered in Albany, N.Y., Anderon builds on an existing operation at Albany NanoTech, where IBM has m

The U.S. Just Bet $1 Billion on Quantum Chip Manufacturing
Original media associated with the source publication: The U.S. Just Bet $1 Billion on Quantum Chip Manufacturing.
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The U.S. Department of Commerce has finalized a CHIPS and Science Act R&D award of up to $1 billion for Anderon, a quantum foundry IBM established earlier this year. The 16 September announcement backs a manufacturing service for IBM and other quantum-hardware developers.IBM is matching the award with US $1 billion in cash and contributing intellectual property, assets, and skilled workers. Headquartered in Albany, N.Y., Anderon builds on an existing operation at Albany NanoTech, where IBM has m
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Original media associated with the source publication: The U.S. Just Bet $1 Billion on Quantum Chip Manufacturing.Attribution: IEEE Spectrum Computing RSS Feed — verify reuse rights at the original source
IEEE Spectrum Computing RSS FeedIEEE Spectrum Computing RSS Feed — verify reuse rights at the original source

