U.S. Invests $2 Billion and Takes Stake in Quantum Firms

The bulk of the money would go to two recipients — GlobalFoundries and IBM — for foundries that make wafers and other technology for quantum computers. IBM would receive $1 billion and GlobalFoundries $375 million.

IBM said in a statement that it would invest $1 billion alongside the government to set up a new company, Anderon, in Albany, N.Y.

Seven other companies would receive government investments to address technical challenges with various components and materials, develop underlying engineering systems and carry out other related work. Atom Computing, D-Wave, Infleqtion, PsiQuantum, Quantinuum and Rigetti would receive $100 million each and Diraq $38 million.

Howard Lutnick, the secretary of commerce, said in a statement that the investments would create thousands of high-paying jobs and advance the country’s quantum capabilities.

“With today’s CHIPS research and development investments in quantum computing, the Trump administration is leading the world into a new era of American innovation,” he said.

Article source: https://www.nytimes.com/2026/05/21/business/trump-quantum-computers-stake.html