GlobalFoundries Wins $375M To Build US Quantum Chip Supply

GlobalFoundries will receive $375 million in research and development funding over five years from the U.S. Department of Commerce to bolster domestic quantum semiconductor manufacturing. The award accelerates GlobalFoundries’ Quantum Technology Solutions business, aiming to establish a secure U.S. ecosystem for developing and producing quantum chips.

“This is another important milestone for Quantum Technology Solutions and our efforts to build a scalable domestic quantum manufacturing ecosystem,” said Nicholas Sergeant, vice president and general manager of Quantum Technology Solutions at GlobalFoundries. The funding will support research into cryogenic CMOS technologies and advanced packaging, positioning GlobalFoundries as a key foundry partner for emerging quantum applications.

$375M Award Fuels GF’s Quantum Technology Solutions Expansion

GlobalFoundries is eligible to receive up to $375 million in funding over a five-year period, contingent upon meeting pre-defined milestones detailed in a research and development agreement finalized with the U.S. Department of Commerce’s CHIPS Research and Development Office. This funding directly supports the company’s Quantum Technology Solutions (QTS) business, an initiative designed to accelerate the scaling of domestic quantum semiconductor manufacturing and reinforce U.S. leadership in the rapidly evolving quantum technology sector.