U.S. awards funding and signs deals to boost quantum computing industry
SCIENCE

U.S. awards funding and signs deals to boost quantum computing industry

May 21, 2026Updated 3:13pm ET

The U.S. government is using funding and dealmaking to accelerate domestic quantum-computing hardware manufacturing capacity.

The U.S. government is using funding and dealmaking to accelerate domestic quantum-computing hardware manufacturing capacity.

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What This is

  • The U.S. government is using funding and dealmaking to accelerate domestic quantum-computing hardware manufacturing capacity.
  • The U.S. Department of Commerce is awarding about $2 billion in CHIPS and Science Act support across multiple quantum-computing companies and, in some cases, taking small equity stakes.
  • IBM is set to receive about $1 billion to build a 300mm quantum wafer foundry called Anderon, alongside roughly $1 billion of IBM investment.
  • CHIPS funding is also tied to establishing a 300mm quantum wafer fab at Albany NanoTech to produce wafers for quantum computing and communications and to support regional workforce and R&D growth.
  • GlobalFoundries launched a Quantum Technology Solutions business aimed at scaling U.S.-based quantum hardware production.
  • The effort targets manufacturing of quantum processing units, cryogenic CMOS chips, advanced packaging, and superconducting interconnects.
  • GlobalFoundries said the manufacturing push spans multiple qubit approaches and already includes customer engagements and industry partners.
  • The U.S. Department of Commerce signed a letter of intent to provide $375 million to help accelerate the build-out.
  • Commerce also took about a 1% strategic equity stake in GlobalFoundries as part of the arrangement.
  • Additional letters of intent include up to about $100 million for Rigetti and up to $38 million for Diraq to scale their quantum-processor R&D and manufacturing in the U.S.

Why This Matters

  • Large-scale public investment signals quantum technology is being treated as strategic infrastructure, shaping long-term national power in computing, sensing, and communications.
  • Government equity stakes raise governance questions about accountability, conflict of interest, and how taxpayer risk and upside are shared with private firms.
  • Domestic quantum manufacturing could reduce reliance on geopolitically vulnerable suppliers and help keep sensitive know-how and production capacity under U.S. jurisdiction.
  • Concentrating investment in a few hubs and firms can speed scaling and workforce development, but may also lock in technology paths before the field’s technical hurdles are resolved.

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