D-Wave Systems & GlobalFoundries
1 shared events · Importance 3 · Last updated May 23, 2026
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D-Wave Systems: D-Wave Systems will receive $100 million from the United States — United States Department of Commerce to focus on optimizing qubit counts and error rates. Its shares gained 14% following the announcement and rocketed higher by 66% in three days of trading.
GlobalFoundries: GlobalFoundries will receive $375 million from the United States — United States Department of Commerce to build a U.S. factory for quantum machine components and has launched ConnectM Technology Solutions, a new business focused on scaling manufacturing for quantum-computing hardware. The U.S. government is taking an equity stake of about 1% in GlobalFoundries.
May 21, 2026 · 39 articles
NEWSDESK
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