GlobalFoundries (GFS) is set to receive $375 million from the U.S.

GlobalFoundries (GFS) is set to receive $375 million from the U.S. Department of Commerce via the CHIPS and Science Act to develop a quantum foundry, as part of a larger $2 billion+ quantum initiative announced on May 27, 2026 (Source 1). The funding aligns with GFS's recent launch of Quantum Technology Solutions on May 21, 2026, aimed at scaling U.S. quantum manufacturing, as disclosed in its investor relations page (Source 2). Additionally, GFS announced its first-ever dividend and a long-term growth roadmap on May 7, 2026, indicating strengthening financial health and strategic focus on quantum. The government award validates GFS's role in the domestic quantum supply chain and provides direct capital for capacity expansion. This event is high confidence due to the official funding announcement and corroborating company press releases.