On May 21, 2026, the U.S. government announced $2 billion in grants and equity stakes to nine quantum computing firms,...

On May 21, 2026, the U.S. government announced $2 billion in grants and equity stakes to nine quantum computing firms, with GlobalFoundries (GFS) receiving $375 million (CNBC). The funding comes from the CHIPS and Science Act and will support quantum technology development. GFS simultaneously launched 'Quantum Technology Solutions' to scale U.S. quantum manufacturing (GFS IR). This government backing, combined with GFS's own quantum initiatives, positions the company for growth in the emerging quantum sector. Shares rose in pre-market trading (Ars Technica). The grant strengthens GFS's financial position and strategic alignment with U.S. quantum priorities, likely driving positive investor sentiment and potential future revenue.