WASHINGTON and ARMONK, N.Y., May 21, 2026 — Today, IBM and the U.S. Department of Commerce (DoC) announced a Letter of Intent (LOI) to build an American quantum chip foundry, securing the nation’s global quantum leadership and fueling the country’s growing quantum ecosystem. The CHIPS incentive from the DoC will support the research and development […] The post IBM and US Department of Commerce Announce Purpose-Built Quantum Foundry, Supported by Proposed $1B CHIPS Award appeared first on HPCwire .
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