IBM and US Department of Commerce Announce Purpose-Built Quantum Foundry, Supported by Proposed $1B CHIPS Award
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 .
The US is proactively investing in quantum computing infrastructure through programs like CHIPS to secure its technological leadership and supply chain resilience in critical emerging technologies.
This initiative solidifies the US position in the nascent quantum computing sector, reducing reliance on potential foreign adversaries and fostering domestic innovation from research to commercialization.
A dedicated national quantum chip foundry, backed by significant government funding, will accelerate quantum hardware development and establish a US-centric supply chain for future quantum technologies.
- · IBM
- · US Department of Commerce
- · US quantum research institutions
- · American tech sector
- · Competing nations without similar initiatives
- · Companies heavily reliant on non-US quantum supply chains
The establishment of a quantum foundry will accelerate domestic research and development in quantum computing hardware.
Increased domestic quantum capabilities may lead to new strategic applications in defense, finance, and logistics, enhancing national security and economic competitiveness.
The development of a sovereign quantum supply chain could inspire other nations to pursue similar initiatives, leading to a fragmented global quantum technology landscape with distinct national ecosystems.
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