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

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

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

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, 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 ...

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

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

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 ...

International Business Machines Corporation IBM stock fell more than 3% on Wednesday despite gains in the broader market and ...