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This funding marks a significant milestone for establishing a dedicated US-based quantum foundry, directly addressing the critical need for scalable semiconductor manufacturing infrastructure in the quantum sector. The combined $2 billion investment aims to accelerate R&D and expand access to quantum wafer technology, which is essential for advancing practical quantum computing capabilities domestically.
IBM’s Anderon gets $1 billion to build US quantum wafers

Anderon, an IBM Company, finalized an agreement with the U.S. Department of Commerce for a $1 billion CHIPS award to accelerate R&D for a U.S.-based pure-play quantum foundry. Funding will help scale and expand access to quantum wafer technology, backed by an additional $1 billion investment from IBM.
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