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    Home»WiFi / Internet & Networking»IBM plans $2B quantum chip foundry; government will pay half
    WiFi / Internet & Networking

    IBM plans $2B quantum chip foundry; government will pay half

    adminBy adminMay 22, 2026No Comments1 Min Read
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    The US government has awarded IBM $1 billion to help establish the first purpose-built quantum chip fabrication unit in the US. The Trump administration’s investment is being matched by IBM itself and will result in the establishment of a new company called Anderon. The new business will build its factory in Albany, New York.

    IBM has pioneered quantum computing for decades. “Our work in silicon wafer fabrication has been a key to IBM’s success and will be critical to enable a broader quantum technology landscape,” said IBM CEO Arvind Krishna. “Anderon will be well-positioned to fuel America’s fast-growing quantum technology industry.”

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