International Business Machines (IBM) Is Up 15.8% After Announcing $2 Billion Anderon Quantum Chip Foundry Partnership
Earlier this week, IBM and the U.S. Department of Commerce announced a Letter of Intent to create Anderon, America’s first pure-play quantum chip foundry in Albany, New York, backed by US$1.00 billion in CHIPS incentives and a matching US$1.00 billion cash commitment from IBM plus intellectual property and staff. This partnership not only cements IBM’s role at the core of the U.S. quantum ecosystem but also creates a dedicated 300‑millimeter quantum wafer facility intended to supply multiple...
Earlier this week, IBM and the U.S. Department of Commerce announced a Letter of Intent to create Anderon, America’s first pure-play quantum chip foundry in Albany, New York, backed by US$1.00 billion in CHIPS incentives and a matching US$1.00 billion cash commitment from IBM plus intellectual property and staff. This partnership not only cements IBM’s role at the core of the U.S. quantum ecosystem but also creates a dedicated 300‑millimeter quantum wafer facility intended to supply multiple...
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