$2 Billion CHIPS Act Quantum Package Centers on IBM's Anderon Foundry, Spreads Bets Across Nine Companies
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· 2 sourcesOn May 21, 2026, the U.S. Department of Commerce and IBM announced a $2 billion CHIPS Act quantum computing investment package, according to Hacker News. The centerpiece is Anderon, a standalone pure-play quantum chip foundry in Albany, New York, which IBM is spinning off with a proposed $1 billion federal R&D award and a matching $1 billion from IBM, bsky reported. The initiative also spreads bets across nine companies covering competing quantum modalities, including trapped ion, photonic, and neutral atom approaches.
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Summary
The U.S. Department of Commerce and IBM announced a $2 billion CHIPS Act quantum computing investment package on May 21, 2026, centered on establishing Anderon, described as America's first pure-play quantum chip foundry using IBM's 300mm superconducting silicon technology. The initiative includes proposed $1 billion in direct funding for IBM's foundry, with additional investments spread across nine companies covering competing quantum modalities including trapped ion, photonic, and neutral atom approaches. This positions IBM's 300mm Anderon foundry as the centerpiece of American quantum industrial policy.
Key quotes
· 3 pulledIBM and the U.S. Department of Commerce announced on May 21, 2026, a Letter of Intent to establish Anderon, described as America's first pure-play quantum chip foundry.
The initiative is backed by proposed $1 billion in direct funding for IBM's foundry.
A $2 billion CHIPS quantum package spanning nine companies positions IBM's 300mm Anderon foundry as the centerpiece of American quantum industrial policy.
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