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FTC clears early termination for IonQ’s proposed SkyWater acquisition

2026-07-31

FTC clears early termination for IonQ’s proposed SkyWater acquisition
Photo: Dependability (CC BY-SA 4.0)

The US Federal Trade Commission ended its review early, allowing IonQ’s proposed US$1.8 billion purchase of semiconductor foundry SkyWater to proceed through the remaining transaction process. Regulatory clearance is not transaction completion.

Impact: quantum competition increasingly depends on fabrication control and supply-chain integration, not only qubit demonstrations.

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