IBM's Anderon Unit Wins $1 Billion CHIPS Award for US Quantum Foundry

MT newswire2026/09/16 11:45

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

07:45 AM EDT, 09/16/2026 (MT Newswires) -- IBM's (IBM) Anderon Unit has won a $1 billion contract from the US Department of Commerce under the CHIPS and Science Act. The company, which operates a quantum wafer foundry in Albany, New York, said the funding will accelerate its research and development as well as quantum wafer manufacturing abilities. Anderon said its first quantum wafers are already running through the manufacturing facility. The agreement follows a letter of intent between IBM and the Commerce Department announced in May.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

The chief economist at UBS has issued a warning that September to October has been the most volatile period of the year since 1928, with the effect especially pronounced during midterm election years. The betting odds for Senate control are close to fifty-fifty. Historical data shows that the S&P 500 typically declines before the elections, but posts an average return of about 14% by the following March.

华尔街见闻•2026/09/17 03:51