IBM spins off quantum chip foundry with $2B in federal and private funding
IBM launched Anderson, America's first quantum chip foundry, backed by $2 billion in combined federal and private funding. The new entity will operate a 300mm quantum wafer fabrication facility and offer contract manufacturing services to advance quantum computing commercialization.
Anderson positions IBM to compete with IonQ and D-Wave in quantum hardware-as-a-service. The federal backing underscores U.S. strategy to secure quantum leadership amid Chinese and European chip R&D acceleration.