GlobalFoundries Secures $375 Million from U.S. for Quantum Chip Production

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    "url": "https://forklog.com/en/globalfoundries-secures-375-million-from-u-s-for-quantum-chip-production/",
    "title": "GlobalFoundries Secures $375 Million from U.S. for Quantum Chip Production - ForkLog",
    "excerpt": "GlobalFoundries to receive $375M from U.S. for quantum chip production. GlobalFoundries has entered into an agreement with the U.S. Department of Commerce to receive up to $375 million under the CHIPS program. The funds will be used to develop the Quantum Technology Solutions division and establish a domestic production base for quantum chips. The company plans to scale production from research prototypes to mass production using cryogenic CMOS, advanced packaging, and 3D integration. The funding is planned over five years and will depend on meeting specific milestones. Follow ForkLog on social media",
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    "published_at": "2026-09-20T09:15:00Z",
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    "article_sentence": "The funds will be used to develop the Quantum Technology Solutions division and establish a domestic production base for quantum chips."
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