IBM has announced that it will create Anderon, a standalone company and America's first pure-play quantum chip foundry, backed by a proposed $1 billion CHIPS Act R&D award from the U.S. Department of Commerce and a matching $1 billion cash investment from IBM itself.

Headquartered in Albany, New York, Anderon will operate a 300mm quantum wafer fab and offer its manufacturing services to competing quantum hardware vendors. The deal was the centerpiece of a broader $2.013 billion federal quantum portfolio split across nine companies, the largest single quantum R&D commitment in U.S. history.