Story perspectives

US Pours $2B Into Quantum Firms, IBM Gets $1B

6/3/2026

Summary

Story summary

The U.S. government allocated $2 billion to nine quantum-computing firms under the CHIPS and Science Act.
IBM received $1 billion to launch a quantum foundry subsidiary called Anderon.
GlobalFoundries was granted $375 million to build a complementary foundry for multiple quantum architectures.
The Commerce Department will take a minority equity stake in each recipient, although analysts warn the funding reduces short-term risk while quantum stocks stay early-stage and volatile.

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Story summary

The U.S. government allocated $2 billion to nine quantum-computing firms under the CHIPS and Science Act.
IBM received $1 billion to launch a quantum foundry subsidiary called Anderon.
GlobalFoundries was granted $375 million to build a complementary foundry for multiple quantum architectures.
The Commerce Department will take a minority equity stake in each recipient, although analysts warn the funding reduces short-term risk while quantum stocks stay early-stage and volatile.