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Trump admin to invest $2 billion in IBM and other quantum computing firms

May 22, 2026 📍 Philadelphia, PA, USA
Trump admin to invest $2 billion in IBM and other quantum computing firms
⚛️🇺🇸 The Trump administration is reportedly taking **$2 billion in equity stakes across nine quantum computing companies** as the United States accelerates efforts to secure domestic technology leadership and counter China in one of the world’s most strategically important emerging industries. According to Reuters, the investments are part of a broader push to strengthen America’s quantum supply chain, manufacturing capacity, and national security infrastructure as governments worldwide race to dominate next-generation computing technologies.

Among the largest awards, [IBM](https://www.ibm.com) will reportedly receive **$1 billion** to help establish a new company dedicated to manufacturing specialized chips for quantum computers. The initiative will support the launch of a standalone IBM-backed quantum foundry company called **Anderon**, headquartered in Albany, New York. IBM said the facility will operate as a state-of-the-art 300-millimeter quantum wafer foundry designed to accelerate American quantum innovation and support advanced chip production for multiple companies across the growing quantum ecosystem. IBM also plans to match the government’s support with its own **$1 billion investment**.

Meanwhile, [GlobalFoundries](https://www.globalfoundries.com) is expected to receive **$375 million** to build a domestic factory capable of manufacturing critical components for multiple quantum computing architectures. The company has also launched a new business unit called Quantum Technology Solutions aimed at scaling production for quantum hardware systems. Reuters reported that the U.S. government will take an equity stake of roughly 1% in GlobalFoundries as part of the arrangement.

Other companies receiving support include D-Wave, Rigetti Computing, Infleqtion, and Diraq, with funding aimed at solving key technical challenges that have slowed the development of large-scale, commercially viable quantum systems. Officials say the investments are being funded through incentives from the CHIPS and Science Act originally signed under former President Joe Biden, showing growing bipartisan recognition that quantum computing could become a critical pillar of economic competitiveness, cybersecurity, military systems, artificial intelligence, and scientific research over the next two decades.

Industry analysts believe the move signals a dramatic escalation in the global quantum race, where the United States and China are competing to control technologies capable of eventually revolutionizing cryptography, pharmaceuticals, finance, logistics, climate modeling, and advanced defense systems. Experts say quantum computing could eventually create an industry worth hundreds of billions of dollars while reshaping the balance of technological power worldwide. 🌍⚡
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