$GFS FINALIZES UP TO $375M U.S. QUANTUM R&D AWARD GlobalFoundries has signed a definitive agreement with the U.S. Department of Commerce for up to $375M over five years to expand its Quantum Technology Solutions business and scale domestic quantum-chip manufacturing. The funding will support R&D across cryogenic CMOS, advanced packaging and heterogeneous integration, with the goal of helping quantum companies move from research and prototyping toward commercial-scale production. Separately, GlobalFoundries has a $300M letter of intent with the Commerce Department for silicon photonics R&D, another technology expected to be critical for future AI and advanced-computing infrastructure. Source: GlobalFoundries