Friday - May 22, 2026
IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award
May 21, 2026
ARMONK, New York, May 21 [Category: BizComputer Technology] -- IBM issued the following news release:

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IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award

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Washington, D.C. and Armonk, N.Y. -May 21, 2026 - Today, IBM (NYSE: IBM ) and the U.S. Department of Commerce (DoC) announced a Letter of Intent (LOI) to build an American quantum chip foundry, se . . .

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