May 21 () - The Trump administration is ramping up efforts to secure U. supply chains for critical minerals and semiconductors by converting federal grants for companies into equity stakes, aimed at reducing reliance on China.
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Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.
A handful of quantum-computing companies have been given grants that include U.S. government equity stakes, sending their shares higher in premarket trading: IBM is getting $1 billion of the $2 billion total package.
Datavault AI Inc (DVLT) reports robust tokenization contracts and strategic partnerships, while navigating regulatory challenges and market competition.