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Home › MarketWatch › GlobalFoundries Secures $375 Million CHIPS R&D Award to Expand Quantum Semiconductor Manufacturing
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GlobalFoundries Secures $375 Million CHIPS R&D Award to Expand Quantum Semiconductor Manufacturing

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September 9, 2026

September 9, 2026 / SemiMedia / — GlobalFoundries has finalized an agreement with the U.S. Department of Commerce's CHIPS Research and Development Office for up to $375 million in R&D funding to accelerate its Quantum Technology Solutions business and expand domestic quantum semiconductor manufacturing.

The funding will be provided over five years and tied to established research and development milestones. Through its QTS platform, GlobalFoundries plans to expand access to advanced manufacturing capabilities and help quantum computing companies move from research and prototyping toward commercial-scale production.

GlobalFoundries launched Quantum Technology Solutions in May. The platform is designed to support quantum processors, cryogenic readout and control ICs, advanced packaging and superconducting interconnects, building on the company's existing work in cryogenic CMOS, materials and heterogeneous integration.

The company said the program is intended to strengthen the manufacturing infrastructure needed as quantum computing moves beyond laboratory development toward scalable hardware production.

Separately, GlobalFoundries signed a letter of intent with the Commerce Department in July for a proposed $300 million CHIPS R&D award focused on next-generation silicon photonics, optical materials and advanced packaging for AI and high-performance computing systems.

With both programs, GlobalFoundries is expanding its role in two emerging areas of advanced computing infrastructure: quantum semiconductor manufacturing and high-bandwidth optical interconnects for AI data centers.

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Advanced packaging CHIPS act GlobalFoundries quantum computing quantum semiconductor Quantum Technology Solutions silicon photonics
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