Commerce Department announces $2B for 9 companies under CHIPS Act

URLhttps://www.manufacturingdive.com/news/commerce-de
SourceManufacturing Dive
Date Published05/22/2026

Additional Reshoring Information:

Company/Division name Quantum Technology Solutions
Parent companyGlobalFoundries
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2026
Domestically, the work will be done:In-house
Capital investment ($):375
City reshored to:Essex Junction
State(s) reshored to:VT
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredchips, quantum hardware
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies, CHIPS and Science Act
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