As enthusiasm abounds for quantum computing, Moody’s cautions that the rise of ultra-powerful systems could upend the financial sector.
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Rigetti Computing (NasdaqCM:RGTI) has signed a letter of intent with the U.S. Department of Commerce for up to US$100 million in CHIPS Act funding. The funding is intended to support superconducting quantum computing development over multiple years. As part of the arrangement, the U.S. government is expected to receive an equity stake in Rigetti. Rigetti focuses on superconducting quantum computers and related software, aiming to make quantum hardware usable through cloud and hybrid quantum...
Rigetti Computing stock has been on a hot streak following some recent good news.
Quantum computing stocks are flying again, lifted by a wave of policy enthusiasm after reports that the Trump administration is taking stakes in select quantum names. Quantum Computing (NASDAQ:QUBT) has joined the parade, jumping 19.35% on May 21 and another 15.64% intraday on May 22 to $13.20. The problem: QUBT was not one of the ... QUBT Rallies With the Rest of Quantum Computing, but Don’t Buy the Hype
The business is receiving funding from the United States government.
Even $100 million doesn't go very far in the quantum realm.
Shares of Rigetti Computing (NASDAQ:RGTI), Quantum Computing Inc. (NASDAQ:QUBT), D-Wave Quantum (NYSE:QBTS), and IonQ (NYSE:IONQ) are extending Thursday’s sector rebound into a second straight session. In morning trading, RGTI shares are up 17%, QUBT shares are up 14%, QBTS shares are climbing 13%, and IONQ shares are rising 8%. It’s no longer a one-day bounce. ... Rigetti Surges 17%, Quantum Computing Inc. Soars 14%, D-Wave Pops 13%, IonQ Rises 8%: The Quantum Bounce Becomes a Rally
IBM stock and quantum stocks climbed for a second day after news the Trump administration is awarding $2 billion in funding.
IBM Rallies on Quantum Bet, But Is the Rally Just Getting Started?
Yesterday, the U.S. Department of Commerce injected massive momentum into the quantum computing sector, announcing over $2.0 billion in federal incentives under the CHIPS and Science Act across nine quantum computing companies. D-Wave (QBTS) secured a $100 million letter of intent to accelerate domestic system fabrication, granting the federal government an equity stake. The stock surged immediately on the news, reflecting renewed investor confidence in sovereign backing for quantum infrastructu
Quantum computing stocks surged after the Trump administration announced more than $2 billion (€1.7bn) in federal support for the sector. IBM received the largest investment and shares rose over 12% adding more than $27 billion (€23.2bn) in market capitalisation.View on euronews
Pure-play quantum stocks including D-Wave, Infleqtion, and Rigetti were also rising ahead of Friday’s opening bell.
According to a Stocktwits poll gauging investor interest in quantum stocks over the next five years, a majority of users were bullish on IONQ.
The Donald Trump administration announced $100 million grants to Rigetti Computing, D-Wave Quantum, and Infleqtion as part of a $2 billion package for the quantum computing industry.
The U.S. government is putting quantum computing deeper into its strategic technology playbook, with more than $2 b...
The Trump administration said on Friday it would invest $2 billion in quantum computing stocks, with about half earmarked for IBM.
Rigetti Computing Inc. (NASDAQ:RGTI) is one of the 10 Stocks With Shocking Overnight Gains. Rigetti Computing climbed by 30.57 percent on Thursday to close at $22.04 apiece, as investors snapped up shares after the company earned the backing of the US government in support of developing quantum computers to solve some of the world’s most […]
Record Q1 revenue, raised 2026 guidance, and the pending SkyWater acquisition give IonQ company-specific markers to watch as federal funding headlines draw attention back to quantum computing.
New federal quantum computing funding plans propelled this quantum specialist higher, today, May 21, 2026.
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US's Latest Proposal Has 'Narrowed the Gaps'Modi's Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
(Bloomberg) -- The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz
Quantum sector ignites on $2B federal backing aimed at beating China in tech race
This quantum computing specialist may soon have a more robust balance sheet.
The Trump administration is awarding $2 billion in CHIPS Act grants to nine quantum computing companies, with IBM getting $1 billion and the government taking equity stakes across the group.