QuantumTrending across 2 sourcesThe Quantum Insider2h ago
GlobalFoundries Finalizes $375M CHIPS Award for Quantum Technology R&D
TL;DRGlobalFoundries secured $375M in federal funding for quantum chip research.
Why it matters: U.S. backing quantum R&D signals commitment to competing with China on next-gen computing.
Insider Brief PRESS RELEASE — GlobalFoundries (Nasdaq: GFS) (GF) today announced it has finalized a definitive agreement with the U.S. Department of Commerce’s CHIPS Research and Development Office for a $375 million award for research and development to accelerate the company’s…
Read full articleSource: The Quantum Insider · Opens in new tab