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

The Commerce Department finalized the award, first announced in May, to support a 300-millimeter quantum wafer foundry in ...

Announced in May under a letter of intent between the Department and IBM, Anderon operates a state-of-the-art 300-millimeter pure-play quantum wafer foundry, backed by an additional $1 billion ...

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

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 ...

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 ...

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

Mukesh Khare is the general manager of IBM's semiconductors division and CEO of Anderon. "IBM Finalizes $1 Billion Government Deal to Advance Quantum Computing," at 7:56 a.m. ET, misspelled his last ...

IBM stock dips as the company finalizes a $1B U.S. government deal to build Anderon, America's first quantum chip foundry, ...

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 ...

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

Technology giant IBM (IBM) has received $1 billion U.S. from America’s federal government to build the country’s first ...