International Business Machines finalizes a Commerce Department award to build Anderon, the first stand-alone quantum chip foundry in the U.S.

International Business Machines (IBM) has secured a landmark $1 billion federal award from the U.S. Department of Commerce ...

Federal funding and IBM investment will support quantum wafer manufacturing and early production at the Albany, New York ...

Anderon, an IBM company focused on quantum wafer manufacturing, has finalized a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce to accelerate research and ...

Today, Anderon LLC ("Anderon"), an IBM (NYSE: IBM) company, announced the finalization of a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce (the "Department").

Anderon finalized a $1 billion CHIPS Act award with Commerce for its Albany quantum wafer foundry, matched by $1 billion from ...

IBM stock closed at USD 237.49 on the NYSE on September 16, 2026, down 4.38% from the previous session, marking a notable ...

Anderon secured a $1 billion CHIPS Act award to expand its quantum wafer foundry in Albany, with IBM matching the investment dollar for dollar.

The U.S. Department of Commerce announced today the signing of a final R&D award of up to $1 billion to Anderon, a newly formed subsidiary of IBM, under the CHIPS and Science Act.

Anderon, an IBM company, said it was awarded $1 billion from the Commerce Department, structured as a research-and-development grant under the 2022 Chips and Science Act. The grant will accelerate ...

The finalized deal with the U.S. Department of Commerce under the federal CHIPS and Science Act is in addition to a $1 ...

Anderon LLC, an IBM Corp. ( IBM) company, announced Wednesday the finalization of a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce. The funding will help ...