GlobalFoundries Secures $375 Million from U.S. CHIPS Act to Establish Quantum Technology Solutions Division and Domestic Foundry

September 13, 2026

Times Union (via Facebook) USA

Overview

GlobalFoundries has finalized a $375 million agreement over five years from the U.S. Department of Commerce under the CHIPS and Science Act. This funding is dedicated to the company’s new Quantum Technology Solutions division, aiming to establish a secure, domestic quantum foundry facility. The agreement includes a roughly 1% government equity stake in GlobalFoundries, as part of a broader federal initiative to bolster U.S. semiconductor and quantum hardware manufacturing.

In Depth

Key Findings

GlobalFoundries has finalized a significant $375 million agreement over five years with the U.S. Department of Commerce, granted under the CHIPS and Science Act. This funding is specifically allocated to the company’s newly formed Quantum Technology Solutions division, with the primary objective of establishing a secure, domestic quantum foundry facility within the United States. As part of this strategic deal, the U.S. government will acquire a minority equity stake, approximately 1%, in GlobalFoundries, underscoring a national imperative to secure and advance domestic quantum technology manufacturing capabilities.

Technical / Clinical Details

The quantum foundry facility to be established by GlobalFoundries will specialize in the design and manufacturing of semiconductor chips that form the foundational components of quantum computers. This includes the development of advanced process technologies essential for fabricating superconducting qubits, ion traps, and photonic quantum circuits. The foundry is expected to meet stringent quality control and scalability requirements necessary for the mass production of quantum devices. Building domestic quantum hardware manufacturing capacity is critical for accelerating research and development cycles, enhancing intellectual property protection, and ensuring a robust supply chain for future quantum technologies.

Background & Context

This investment is an integral component of the broader CHIPS and Science Act strategy, which aims to strengthen U.S. semiconductor manufacturing capabilities and address supply chain vulnerabilities. Quantum technology is recognized as profoundly important for national security, economic competitiveness, and scientific leadership. The U.S. government is actively supporting the domestic technological base in this field. GlobalFoundries, as one of the world’s leading specialty semiconductor foundries, brings invaluable manufacturing expertise that will play a pivotal role in the commercialization and practical deployment of quantum devices. The government’s equity acquisition signifies a strong commitment to nurturing such strategic technologies domestically.

Strategic Significance & Outlook

The establishment of GlobalFoundries’ quantum foundry facility represents a critical infrastructure development that will accelerate the evolution of quantum computers and sensors. This will enable the manufacturing of higher-performance and more reliable quantum devices, thereby fostering the broader application of quantum technologies across various industries. Crucially, secure domestic manufacturing capabilities are indispensable for the utilization of quantum technologies in defense and cybersecurity sectors. This investment is poised to support the entire U.S. quantum ecosystem, constituting a significant step towards strengthening America’s long-term leadership in global quantum technology competition.

Source: https://www.facebook.com/timesunion/posts/globalfoundries-finalized-its-deal-to-get-375-million-over-five-years-from-the-u/1585124850296921/

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