GlobalFoundries Finalizes $375 Million CHIPS Act Award for Onshore Quantum Semiconductor Fabrication

Semiconductor manufacturer GlobalFoundries (NASDAQ: GFS) has finalized a definitive agreement with the U.S. Department of Commerce’s CHIPS Research and Development Office to receive up to $375 million in federal R&D funding under the CHIPS and Science Act. Distributed over a five-year milestone-based schedule, the award accelerates the expansion of GF’s dedicated Quantum Technology Solutions (QTS) business unit at its Malta, New York manufacturing hub to scale domestic quantum hardware manufacturing.

The agreement transitions GF’s previously announced letter of intent into a binding award to establish a secure, multi-modality domestic foundry ecosystem. GF’s QTS platform leverages its proprietary 22FDX fully depleted silicon-on-insulator (FD-SOI) process to fabricate specialized cryogenic CMOS control and readout integrated circuits (ICs) operating at millikelvin temperatures. The fabrication infrastructure also provides standardized lines for quantum processing units (QPUs), advanced 3D heterogeneous packaging, and superconducting interconnects across silicon-spin, trapped-ion, photonic, topological, and superconducting architectures.

Led by Nicholas Sergeant, Vice President and General Manager of QTS, GF provides commercial foundry access for hardware developers transitioning from lab prototypes to high-yield wafer production. The finalized $375 million agreement complements GF’s broader $300 million CHIPS LOI targeting silicon photonics R&D, reinforcing onshore microelectronics supply chains for high-performance computing (HPC), defense, and AI supercomputing infrastructure.

Review the official press release via GlobalFoundries here and examine our prior coverage of GlobalFoundries’ Quantum Technology Solutions Business Unit Launch here and the U.S. Department of Commerce’s $2 Billion CHIPS Quantum Allocations here.

September 18, 2026