IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award

Source · https://www.prnewswire.com/news-releases/ibm-and-us-department-of-commerce-announce-americas-first-purpose-built-quantum-foundry-supported-by-proposed-1-billion-chips-award-302778864.html

Read source

IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award

Search tags

What matters in this story

The U.S. Department of Commerce and IBM are establishing 'Anderon,' a standalone pure-play quantum chip foundry backed by $2 billion in combined funding ($1B CHIPS award and $1B from IBM). — A massive direct government subsidy and corporate investment to build critical infrastructure accelerates the commercialization timeline of quantum computing, a high-growth frontier technology.

+0.80

Anderon will operate as a 300mm wafer foundry providing fabrication services to multiple quantum technology vendors globally, not just IBM. — Moving from proprietary lab-scale builds to a multi-vendor foundry model removes a major bottleneck in the quantum supply chain, benefiting the broader sector.

+0.60

The quantum industry is estimated to generate up to $850 billion in economic value by 2040. — Provides a long-term valuation benchmark for the total addressable market (TAM) of the quantum sector, though it is a distant forecast.

+0.30

IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award

What matters in this story

IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award

What matters in this story

Analytical profile by cluster

Top impact dimensions

Most positively impacted

Most negatively impacted

Sentiment in this article

Relationships in this article