GlobalFoundries launches quantum manufacturing unit with $375M government backing

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GlobalFoundries launches Quantum Technology Solutions to scale U.S. quantum manufacturing

May 21, 2026 7:04 AM EDT

MALTA, N.Y., May 21, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today launched Quantum Technology Solutions, a new quantum business to scale the manufacturing capabilities the quantum industry needs to achieve utility-scale quantum computing. The new business launches with customer engagements, and a pipeline of quantum innovators positioned to scale on its platform.

With more than a decade of partnership with the U.S. Government and customers across critical semiconductor technologies, and sustained investment in cryogenic CMOS, advanced packaging and materials science, GF has built the industrial layer that quantum... More