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IBM Quantum Chip Foundry in Albany

Sector: Government • Location: Albany, New York, United States

Source: The Globe and Mail

Project
Planned

IBM is launching Anderon, a new subsidiary to build a quantum chip foundry in Albany, New York. The project is funded with $1 billion from the U.S. Department of Commerce under the CHIPS Act, matched by $1 billion from IBM, totaling near $2 billion.

Status
Prospective
Sector
Government
Location
Albany, New York, United States of America
Updated
22 Jul 2026
Source
The Globe and Mail

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Project Information FAQ

Project Information

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The project “IBM Quantum Chip Foundry in Albany” is an infrastructure initiative in the Government sector, located in Albany, New York, United States. Taiyo aggregates data on it from The Globe and Mail.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

IBM is launching Anderon, a new subsidiary to build a quantum chip foundry in Albany, New York. The project is funded with $1 billion from the U.S. Department of Commerce under the CHIPS Act, matched by $1 billion from IBM, totaling near $2 billion.

Original sector

Technology

Budget

Location

Country

United States of America (USA)

State

New York

City

Albany

Source

Source

The Globe and Mail

URL

More Details

Record type

Project

Sector

Government

Article published date

2026-05-29

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