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 ...

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

IBM lands a $1 billion government award to accelerate quantum wafer manufacturing at Anderon. Here’s what the announcement ...

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 ...

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

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

Discover how Anderon's $1 billion investment is set to revolutionize quantum wafer manufacturing in the U.S., enhancing technological advancements and boosting the economy.

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, 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.

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 ...