SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Anderon LLC finalizes $1B CHIPS Act award for quantum foundry

Anderon LLC finalized a $1B CHIPS and Science Act award with the U.S. Department of Commerce to accelerate R&D for its U.S.-based pure-play quantum wafer foundry, alongside an additional $1B investment from IBM.

S. -based pure-play quantum wafer foundry. The company also secured an additional $1B investment from IBM.