# U.S. finalizes up to $1 billion CHIPS award for IBM unit Anderon > The Commerce Department said it finalized a CHIPS R&D award of up to $1 billion with Anderon, a newly formed IBM subsidiary. - Canonical URL: https://newsverum.com/en/news/commerce-anderon-ibm-quantum-foundry-chips-award - Publisher: Newsverum - Section: Technology - Country: United States - Published: 2026-10-07T21:41:38+00:00 - Updated: 2026-10-07T21:41:38+00:00 - Event / data period: 2026-09-16 - Other editions: [Türkçe](https://newsverum.com/tr/news/commerce-anderon-ibm-quantum-foundry-chips-award.md), [العربية](https://newsverum.com/ar/news/commerce-anderon-ibm-quantum-foundry-chips-award.md), [Français](https://newsverum.com/fr/news/commerce-anderon-ibm-quantum-foundry-chips-award.md), [Español](https://newsverum.com/es/news/commerce-anderon-ibm-quantum-foundry-chips-award.md), [Deutsch](https://newsverum.com/de/news/commerce-anderon-ibm-quantum-foundry-chips-award.md), [Português](https://newsverum.com/pt/news/commerce-anderon-ibm-quantum-foundry-chips-award.md) The Commerce Department said it finalized a CHIPS R&D award of up to $1 billion with Anderon, a newly formed IBM subsidiary. NIST said the funding is intended to strengthen the domestic semiconductor supply chain and advance a planned quantum semiconductor foundry. The amount is a ceiling, not a guaranteed payment. The release gives no operating production capacity or start date. ## Data ### U.S. finalizes up to $1 billion CHIPS award for IBM unit Anderon The Commerce Department said it finalized a CHIPS R&D award of up to $1 billion with Anderon, a newly formed IBM subsidiary. Methodology: Source: NIST’s September 16, 2026 announcement. US$1 billion is the ceiling of the final CHIPS R&D award signed with Anderon; the release does not say the funds have all been paid or the foundry is operating. | date | label | description | status | |---|---|---|---| | 2026-09-16 | U.S. finalizes up to $1 billion CHIPS award for IBM unit Anderon | The Commerce Department said it finalized a CHIPS R&D award of up to $1 billion with Anderon, a newly formed IBM subsidiary. | occurred | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/commerce-anderon-ibm-quantum-foundry-chips-award/data/reported-event?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/commerce-anderon-ibm-quantum-foundry-chips-award/data/reported-event?lang=en&format=csv) ### U.S. finalizes up to $1 billion CHIPS award for IBM unit Anderon The Commerce Department said it finalized a CHIPS R&D award of up to $1 billion with Anderon, a newly formed IBM subsidiary. Methodology: Source: NIST’s September 16, 2026 announcement. US$1 billion is the ceiling of the final CHIPS R&D award signed with Anderon; the release does not say the funds have all been paid or the foundry is operating. | label | value | unit | period | basis | value_qualifier | |---|---|---|---|---|---| | Ceiling of Anderon CHIPS R&D award | 1 | billion USD | 2026-09-16 | target | upper-bound | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/commerce-anderon-ibm-quantum-foundry-chips-award/data/reported-figures?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/commerce-anderon-ibm-quantum-foundry-chips-award/data/reported-figures?lang=en&format=csv) ## Sources - [National Institute of Standards and Technology]() (Source checked: 2026-10-07; Published: 2026-09-16) --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)