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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.
Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.
QBTS and RGTI are gaining momentum as analysts see more than 90% upside tied to growing quantum adoption and contracts.
Quantum stocks rose as the Trump administration announced it is giving out grant money for research and development projects in exchange for company stakes.
IonQ‘s (NYSE:IONQ) shares are up 10% in early Thursday trading, while D-Wave Quantum (NYSE:QBTS) stock is spiking 25% higher. Moreover, Rigetti Computing (NASDAQ:RGTI) stock is rising 24% and Quantum Computing (NASDAQ:QUBT) stock is climbing 14%. Thus, the pure-play quantum cohort is trading as a single basket once again. The bounce arrives three days after this ... IonQ Climbs 10%, D-Wave Rockets 25%, Rigetti Soars 24%, Quantum Computing Inc. Jumps 14%: The Quantum Trade Roars Back
(Updates with stock movement in the last paragraph.) IBM (IBM), GlobalFoundries (GFS) and D-Wave
Rigetti Computing, Inc. recently reported first-quarter 2026 results showing sales of US$4.4 million versus US$1.47 million a year earlier, alongside a very large net loss, and filed a US$337.25 million shelf registration for 17,806,062 common shares related to its ESOP. At the same time, the company expanded access to its Cepheus-1-108Q quantum system across major cloud platforms while facing rising competitive scrutiny and questions about shareholder dilution, setting the stage for CEO...
Shares of several quantum computing companies surged in U. S.
Trump administration awards $2 billion to nine quantum firms and takes minority equity stakes in each recipient.
The Trump administration’s reported decision to award $2 billion in grants to leading quantum-computing companies marks one of the strongest signals yet that quantum technology has moved from experimental science into the realm of national strategic infrastructure. According to a Reuters report citing the Wall Street Journal, the U.
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