Anderon Secures $1 Billion CHIPS Act Funding for Quantum Wafer Foundry

VERA Brief

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Anderon LLC, an IBM subsidiary, has received $1 billion in CHIPS Act funding and $1 billion from IBM to expand its quantum wafer fabrication facility. This investment will scale production of superconducting qubit arrays and other quantum components, addressing scaling bottlenecks and strengthening domestic supply chains.

Key facts

• Anderon LLC secured $1 billion in CHIPS Act funding.
• IBM is providing an additional $1 billion in funding to Anderon LLC.
• The funding will expand Anderon's 300mm quantum wafer fabrication facility.
• The expansion aims to scale production of superconducting qubit arrays and other quantum components.
• The facility will operate as an open commercial foundry.