GlobalFoundries & IBM
2 shared events · Importance 3 · Last updated May 23, 2026
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Domestic
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.
IBM: IBM will receive $1 billion from the United States — United States Department of Commerce and will invest an additional $1 billion to establish Anderon, America's first dedicated quantum chip manufacturing facility. Its shares gained nearly 4% at the open.
May 21, 2026 · 39 articles
Business
GlobalFoundries: GlobalFoundries shares fell following reports that its majority owner was seeking to sell a large block of shares.
IBM: IBM saw significant stock price increases, reaching new all-time highs on multiple occasions, indicating strong investor confidence.
May 20, 2026 · 12 articles
NEWSDESK
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