This press release from Senator Peter Welch (D-VT) was published on 2026-05-21 and titled "Welch Celebrates New Federal Funding for GlobalFoundries’ Quantum Technology Solutions".
Welch Celebrates New Federal Funding for GlobalFoundries’ Quantum Technology Solutions WASHINGTON, D.C. –Today, U.S. Senator Peter Welch (D-Vt.) celebrated the announcement of a $375 million investment by the Department of Commerce to support GlobalFoundries’ (GF) new quantum foundry, Quantum Technology Solutions. This federal funding was made possible by the bipartisan CHIPS and Science Act, which Sen. Welch helped pass as a member of the House of Representatives. “GlobalFoundries is a global leader in state-of-the-art semiconductor manufacturing. GlobalFoundries’ [ ]