IBM spins off America's first quantum chip foundry with $2 billion in federal and private funding — newly-minted 'Anderon' foundry to offer 300mm quantum wafer fab and manufacturing services
IBM is spinning off its quantum chip fabrication operations into a new company called Anderon, which will be America's first dedicated quantum foundry. This venture is supported by a significant $2 billion in funding, comprising $1 billion from IBM and a $1 billion R&D award from the U.S. Department of Commerce through the CHIPS Act. Anderon aims to provide 300mm quantum wafer manufacturing services to various quantum hardware vendors, including IBM itself, mirroring the role of TSMC in the semiconductor industry. AI
IMPACT Establishes dedicated manufacturing capacity for quantum chips, potentially accelerating development and adoption of quantum computing hardware.