Anderon Finalizes $1 Billion CHIPS Act Award

The quantum wafer foundry in Albany secures federal funding to accelerate production and research.

Updated on Oct. 20, 2026 in Quantum Computing

Anderon Finalizes $1 Billion CHIPS Act Award

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Anderon has finalized a $1 billion award under the CHIPS and Science Act to bolster domestic quantum manufacturing. The Albany-based company is already processing its first quantum wafers at the NY Creates' Albany NanoTech Complex.

Why it matters

This federal investment aims to strengthen the U.S. supply chain for high-performance quantum hardware and support a more robust domestic ecosystem. The funding focuses on scaling research and development for advanced superconducting qubit arrays.

Anderon operates a 300-millimeter pure-play quantum wafer foundry that utilizes standard semiconductor manufacturing equipment. The site is currently configured to support superconducting qubit arrays and specialized quantum input/output signaling.

The players

Anderon

Anderon is an IBM-owned company headquartered in Albany that specializes in the production of quantum wafers.

IBM

IBM is a global technology and consulting corporation that has provided an additional $1 billion in private investment to support Anderon.

U.S. Department of Commerce

The Department of Commerce is a federal executive department tasked with managing the CHIPS and Science Act investment programs.

The details

The facility produces quantum chips using specialized 300-millimeter wafer manufacturing processes. As an IBM company, Anderon is leveraging this infrastructure to move from development into active production at its headquarters.

May 2026: The Department of Commerce and IBM signed a letter of intent for the funding.
October 2026: The CHIPS and Science Act award was finalized.

The Tech Race

This investment signals a critical shift toward onshoring the production of next-generation quantum hardware, mirroring the broader industry push to localize chip manufacturing. It positions Anderon to compete by integrating quantum fabrication into the established semiconductor supply chain.

For industry partners and researchers, this milestone indicates a transition toward more accessible high-performance quantum hardware. Local residents and stakeholders may see increased development at the Albany NanoTech Complex as operations scale up.

The takeaway

The maturation of quantum foundries marks a shift from experimental lab work to industrial-scale semiconductor production. Businesses and researchers should monitor the availability of these new 300-millimeter quantum wafers as the manufacturing ecosystem matures.