IonQ seals $1.8 billion cash and stock deal for SkyWater, locking in domestic chip foundry

IonQ is spending $1.8 billion to buy SkyWater Technology, locking in full control of its own chip supply chain for quantum computers. According to the Wall Street Journal, executives said the deal would be announced Monday. It gives SkyWater shareholders $35 a share, split into $15 cash and $20 in IonQ stock. “This is our […]