GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is one of the
10 Best Performing Quantum Computing Stocks So Far in 2026.
On May 21, GLOBALFOUNDRIES Inc. (NASDAQ:GFS) launched Quantum Technology Solutions, creating a business to scale quantum manufacturing, the company said.
The work starts with active customer engagements and a list of quantum innovators, while building on investments in cryogenic CMOS, advanced packaging, and materials science, the company said. It stated that the platform will manufacture quantum hardware over quantum processor units, control ICs, and interconnects.
The U.S. Department of Commerce and GLOBALFOUNDRIES Inc. (NASDAQ:GFS) signed a letter of intent for a $375 million award to accelerate the build-out. The department will take a strategic equity stake of about 1%, the company said.
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Chief Executive Tim Breen said “deepening our partnership” with the US government will expand domestic manufacturing and supply-chain strength.
Chief Technology Officer Gregg Bartlett said quantum hardware is shifting “from lab-scale to industrial scale,” and the company is “building the QPU” for utility-scale systems.
GLOBALFOUNDRIES Inc. (NASDAQ:GFS) provides foundry solutions and manufactures semiconductors. It provides global shuttle, mask, post-fab, and turnkey services.
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