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technology1d ago
Quantum stocks are surging after the Trump administration's $2 billion investment in the sector
Mrf.lu and 12 more
- The Commerce Department will issue over $2 billion in federal grants to secure America's quantum computing supply chain and bolster domestic capabilities.
- IBM will receive a $1 billion federal subsidy as part of the CHIPS Act, with the government taking a minority equity stake in IBM's quantum initiatives.
- Nine quantum startups, including GlobalFoundries, D-Wave, Rigetti, and Infleqtion, will receive grants, showing broad federal backing for early-stage quantum players.
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