IBM spins off America's first quantum chip foundry with $2 billion in federal and private funding — newly-minted 'Anderon' foundry to offer 300mm quantum wafer fab and manufacturing services
IBM has announced the creation of Anderon, America's first quantum chip foundry, supported by a $2 billion investment from federal and private sources. The foundry will operate a 300mm quantum wafer fabrication facility in Albany, New York, aiming to provide manufacturing services to various quantum hardware vendors. This initiative marks a significant step in the quantum computing industry, as it establishes a neutral third-party manufacturer for superconducting qubit wafers.
- ▪Anderon is backed by a $1 billion CHIPS Act R&D award from the U.S. Department of Commerce and a matching $1 billion investment from IBM.
- ▪The foundry will offer manufacturing services to competing quantum hardware vendors and is modeled after TSMC in the semiconductor industry.
- ▪IBM's investment accounts for roughly half of the largest single quantum R&D commitment in U.S. history, totaling $2.013 billion across nine companies.
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Tech Industry Quantum Computing IBM spins off America's first quantum chip foundry with $2 billion in federal and private funding — newly-minted 'Anderon' foundry to offer 300mm quantum wafer fab and manufacturing services MEMBER EXCLUSIVE News Analysis By Luke James published 26 May 2026 IBM and eight other quantum companies will split the largest U.S. government quantum investment to date When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.
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