IBM and US DoC put $2bn into Anderon quantum foundry

In addition to the $1 billion in CHIPS incentives provided by the DoC, IBM will contribute $1 billion of cash into Anderon, plus significant IP, assets, and a skilled workforce, with additional investors expected as Anderon grows. 

Headquartered in Albany, New York as a standalone company, Anderon will operate as a 300mm quantum wafer foundry..

A 300-millimeter quantum wafer. (Credit: IBM)

IBM intends to offer foundry services to multiple quantum technology vendors across the world.

“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.”

Anderon will first support wafer fab for superconducting qubit and supporting electronics wafers, with the goal to expand into other quantum modalities.

Anderon expects to offer the most advanced quantum wafer technologies, including superconducting wiring, through-silicon vias and bumps, and is backed by established production capabilities such as dedicated process design kits, in-line wafer testing and characterization, and established baseline routes that enable rapid iteration and reliable scalability.