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The initiative centers on a new company called Anderon, which will operate as a pure-play quantum foundry based in Albany, New York. The project will receive $1 billion in CHIPS Act incentives from the Department of Commerce, while IBM will invest another $1 billion in cash along with intellectual property, manufacturing assets, and technical workforce support.
The goal is to create a 300-millimeter quantum wafer fabrication platform capable of producing hardware for multiple quantum technology companies. Unlike current quantum systems that are built in limited research environments, the foundry model is designed to standardize and scale production.
IBM said Anderon will support superconducting qubit wafers and related electronics, with plans to expand into additional quantum computing architectures in the future.
The new company is expected to function as a shared manufacturing base for the quantum industry, allowing different hardware developers to access wafer-scale production infrastructure.
IBM said the facility will use its existing expertise in silicon wafer fabrication and quantum system design to accelerate development.
“With today’s CHIPS Research and Development investments in quantum computing, the Trump administration is leading the world into a new era of American innovation,” said Secretary of Commerce Howard Lutnick. “These strategic quantum technology investments will build on our domestic industry, creating thousands of high-paying American jobs while advancing American quantum capabilities.”
The Department of Commerce also emphasized the broader economic impact, noting that quantum technologies could generate up to $850 billion in value by 2040 while strengthening national security and industrial competitiveness.
IBM CEO Arvind Krishna said, “IBM has pioneered quantum computing for decades. Our work in silicon wafer fabrication has been a key to IBM’s success and will be critical to enable a broader quantum technology landscape that will reshape global innovation and economic competitiveness. With the support of the U.S. Department of Commerce, Anderon will be well-positioned to fuel America’s fast-growing quantum technology industry.”
The Anderon foundry will initially focus on superconducting qubit wafers and supporting electronic layers, with plans to expand into other quantum technologies as the ecosystem grows. The company will also provide process design kits, wafer testing systems, and production tools aimed at improving iteration speed and scalability.
IBM said it has already demonstrated scalable quantum wafer technology and has deployed more than 90 quantum systems globally, supporting a broad research and enterprise network.
The new foundry is intended to reduce fragmentation in quantum hardware development by offering standardized fabrication capabilities similar to classical semiconductor foundries.
IBM also stated that the initiative builds on its long-term collaborations with U.S. federal agencies including NIST, DARPA, and the Department of Energy.
The announcement reflects growing U.S. efforts to secure leadership in quantum computing, an area seen as critical for future advances in materials science, cybersecurity, energy systems, and pharmaceuticals.
IBM said it has built an ecosystem of more than 325 partners across industry, academia, and government who are already using its quantum systems for research applications.
The company also said it is working toward delivering a large-scale fault-tolerant quantum computer by 2029, supported by advances in manufacturing and system design.
The launch of Anderon remains subject to final agreements between IBM and the U.S. Department of Commerce.
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With over a decade-long career in journalism, Neetika Walter has worked with The Economic Times, ANI, and Hindustan Times, covering politics, business, technology, and the clean energy sector. Passionate about contemporary culture, books, poetry, and storytelling, she brings depth and insight to her writing. When she isn’t chasing stories, she’s likely lost in a book or enjoying the company of her dogs.
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