The Trump administration backs a U.S. government plan to expand domestic quantum computing capabilities, including support for a new quantum chip foundry led by IBM. According to the U.S. Department of Commerce, IBM is set to receive a $1 billion grant to establish a company focused on manufacturing quantum chips. Bloomberg reports that the broader initiative includes up to $2 billion in backing tied to the effort, framing it as part of a wider strategy to strengthen the emerging quantum industry and maintain U.S. technology leadership.
Both sources describe IBM’s grant as a central element of the plan, with the Commerce Department announcement highlighting the role of IBM in building and manufacturing quantum computing chips. While the exact recipients beyond IBM are mentioned in the overall “$2 billion” framing, the specific $1 billion award for IBM is the shared, confirmed figure across the articles. The reports do not detail project timelines or performance targets in the provided excerpts.
