What is the latest status of the project “IBM Quantum Chip Foundry in Albany”?

The status recorded for “IBM Quantum Chip Foundry in Albany” is planned.

What is the budget and commercial profile for the project “IBM Quantum Chip Foundry in Albany”?

Taiyo normalizes the budget of “IBM Quantum Chip Foundry in Albany” to USD 1000000000.

Where can I verify the source and access all details for “IBM Quantum Chip Foundry in Albany”?

This Taiyo project page references citybiz along with the original URL (https://www.citybiz.co/article/852203/ibm-jumps-on-15b-quantum-and-ai-push-as-company-targets-fault-tolerant-computing-by-2029/). Taiyo standardizes official data into a consistent, searchable project profile.

IBM Quantum Chip Foundry in Albany

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

Source: citybiz

Project

Planned

IBM plans to establish a domestic quantum chip foundry in Albany, New York, focusing on producing 300-millimeter quantum wafers. The project includes up to $1B in proposed CHIPS Act incentives, matched by IBM through cash contributions, intellectual property, assets, and personnel.

Status: Prospective
Sector: Government
Location: Albany, New York, United States of America
Updated: 22 Jul 2026
Source: citybiz

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Project Information

4 Q

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 citybiz.

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 plans to establish a domestic quantum chip foundry in Albany, New York, focusing on producing 300-millimeter quantum wafers. The project includes up to $1B in proposed CHIPS Act incentives, matched by IBM through cash contributions, intellectual property, assets, and personnel.
Original sector	Technology
Budget

Location

Country	United States of America (USA)
State	New York
City	Albany

Source

Source	citybiz
URL

More Details

Record type	Project
Sector	Government
Article published date	2026-05-31

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