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Reports: US to Award $2 Billion to Quantum Companies, Take Equity Stakes

Reports: US to Award $2 Billion to Quantum Companies, Take Equity Stakes Open in Thequantuminsider.com
Highlights
  • The Commerce Department signed 9 letters of intent to provide $2.013 billion in federal incentives under the CHIPS and Science Act for U.S. quantum development.
  • IBM is set to receive about $1 billion to establish a quantum foundry subsidiary for quantum-grade superconducting wafers, strengthening U.S. fabrication leadership.
  • Analysts note the $2 billion in grants may include equity stakes in nine quantum firms, aligning government funding with stakes in private-sector success.

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References

Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

Quantum stocks are surging after the Trump administration's $2 billion investment in the sector

Quantum stocks are surging after the Trump administration's $2 billion investment in the sector

US is taking equity stakes in IBM and other quantum computing companies - Engadget

US is taking equity stakes in IBM and other quantum computing companies - Engadget

Department of Commerce Announces Letters of Intent With 9 Companies for $2 Billion to Accelerate U.S. Leadership in Quantum Computing

Department of Commerce Announces Letters of Intent With 9 Companies for $2 Billion to Accelerate U.S. Leadership in Quantum Computing

U.S. Will Invest $2 Billion In Quantum Computing Firms And Take Equity, Report Says

U.S. Will Invest $2 Billion In Quantum Computing Firms And Take Equity, Report Says

IBM surges as White House agrees $1bn investment in quantum computing foundry

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