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    Semiconductor Manufacturing

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    6 days ago

    U.S. Commerce Department Awards $1B Quantum Chip Foundry Contract to IBM

    The U.S. Department of Commerce has awarded a **$1 billion** contract to **IBM** to establish the nation’s first dedicated quantum chip foundry in Albany, NY. This significant investment, under the **CHIPS Act**, promotes U.S. leadership in quantum technology and semiconductor innovation, with implications for suppliers in the tech sector.