GlobalFoundries (GFS) to run New York chip plants under a Japan-funded deal worth up to $21 billion
Japan supplies the money, GlobalFoundries runs the plants, and the U.S. government takes about 4% of the company. Apple and Renesas are among the first customers.
Japan and US discuss a chip plant worth up to $19 billion. GlobalFoundries (GFS) would run it.
The plant would be built in the United States, not Japan, and could count toward Japan's investment pledge under the $550 billion tariff agreement. It is the first chip project to surface under that pledge, and neither government has confirmed it.
IBM has a $1 billion quantum foundry award. Where do IonQ, D-Wave and Rigetti get their chips?
Anderon, IBM's Albany quantum foundry, signed its final $1 billion CHIPS award on Wednesday and named no outside customer. D-Wave's Advantage2 prototype came from a SkyWater fab that IonQ bought in July, Rigetti runs its own fab in Fremont, and neither IonQ nor Quantum Computing Inc received an award.
IBM (IBM) unit finalizes $1 billion quantum foundry award. Government equity terms remain undisclosed.
Anderon, the IBM company running a quantum wafer foundry in Albany, has signed its final $1 billion award with the Commerce Department. It was the largest of nine proposed in May. Commerce made minority equity stakes a condition of the funding. Anderon's release does not spell out its terms.
Taiwan's chip industry has more than two openings per job seeker. The AI buildout needs people.
Taiwan's chip industry has more than two open jobs for every person looking for one. ASE needs at least 3,000 people this year, and one materials maker is calling old university classmates to staff a single new plant. Texas Instruments, GlobalFoundries, and ASE describe the same shortage.
US takes stakes in D-Wave (QBTS), Rigetti (RGTI) and Quantinuum (QNT) at a 15% discount to Friday's close
D-Wave, Rigetti and Quantinuum each signed a CHIPS Act research award worth up to $100 million and each is issuing the Commerce Department shares priced about 15% below its September 4 close. The shares carry no vote on most matters and can't be sold to a competitor. All three stocks rose.
GlobalFoundries (GFS) finalizes up to $375 million for quantum chips as $300 million photonics award awaits agreement
GlobalFoundries has signed a definitive agreement with the Commerce Department for up to $375 million over five years to expand its quantum chip business. The money is tied to milestones the release does not list. A separate $300 million silicon photonics award is still a letter of intent.
All seven Magnificent Seven stocks fell today. Here's where that money actually went (July 23, 2026)
All seven Magnificent Seven stocks were red by late morning Thursday, led by Tesla's 14% drop on an earnings miss and Alphabet's close-to-7% slide despite beating estimates, on another capex raise. Amazon and Meta sold off too ahead of next week's reports. The money didn't just leave, it rotated: into defense on Lockheed's earnings beat, and out of quantum, SaaS and space.
Futures down, oil up just 3% after Iran closes the Strait of Hormuz (July 12, 2026)
Iran declared the Strait of Hormuz closed after the heaviest weekend of US strikes in months. Stock futures opened lower Sunday night and oil jumped about 3.1%. When this war started in March, the same headline took Brent to $126.
The government is betting billions on quantum computing, but the payoff is years away
Washington is now a quantum-computing investor, having committed about $2 billion to nine companies and taken equity stakes back in May. But the technology will not pay off for years, and the pure-play stocks are already priced for a future that has not arrived. Here is the realistic picture.
What is a chip foundry? Why almost every AI chip is made by one company, TSMC (TSM)
Nvidia, Apple and AMD design chips but do not make them. A plain-English guide to what a semiconductor foundry is, the fabless model, why TSMC (TSM) makes around 70 percent of the world's chips, and the packaging bottleneck holding back AI.