GlobalFoundries finalizes USD 375 million U.S. Commerce R&D award for quantum chip manufacturing

Reuters2026/09/08 12:33

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GlobalFoundries finalized a definitive agreement for a USD 375 million U.S. Commerce Department CHIPS R&D award for its quantum chip business.
Funding spans five years, tied to milestone delivery, to expand domestic quantum semiconductor manufacturing and a U.S.-based supply chain.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GLOBALFOUNDRIES Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609080831PRIMZONEFULLFEED9822416) on September 08, 2026, and is solely responsible for the information contained therein.

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.

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GlobalFoundries finalizes USD 375 million U.S. Commerce R&D award for quantum chip manufacturing

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