{"id":605302,"date":"2026-05-21T11:45:00","date_gmt":"2026-05-21T11:45:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=605302"},"modified":"2026-05-21T11:45:00","modified_gmt":"2026-05-21T11:45:00","slug":"quantum-stocks-erupt-as-u-s-govt-awards-2-billion-takes-equity-stakes","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=605302","title":{"rendered":"Quantum Stocks Erupt As U.S. Gov’t Awards $2 Billion, Takes Equity Stakes"},"content":{"rendered":"

Quantum Stocks Erupt As U.S. Gov’t Awards $2 Billion, Takes Equity Stakes<\/span><\/p>\n

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IBM and small-cap quantum names, including IonQ, D-Wave Quantum, Rigetti Computing, Infleqtion, and other peers, are surging in New York premarket trading after a Wall Street Journal<\/a> report said the Trump administration is preparing to award $2 billion in CHIPS Act grants to nine quantum-computing companies.<\/p>\n

IBM is set to receive half of the $2 billion tranche, or about $1 billion, as the large-cap leader in the race to build quantum computing systems that could revolutionize national security, accelerate scientific discovery, and deliver a range of other economic benefits.<\/p>\n

WSJ, citing the Commerce Department, outlined the companies expected to receive funding from the 2022 Chips and Science Act:<\/p>\n

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The department has agreed to give $1 billion of the package to IBM, a leader in the race to build computers that use quantum mechanics to solve problems much faster than traditional supercomputers.<\/em><\/p>\n

. . .<\/em><\/p>\n

IBM and other companies are working to develop specialized chips for quantum computing, a focus for the government in its bid to spur domestic supply chains. Chip maker GlobalFoundries is receiving $375 million in funding.<\/em><\/p>\n

The rest of the firms are expected to receive $100 million, except for startup Diraq, which is slated to get $38 million.<\/em><\/p>\n

A slew of companies pursuing various approaches to quantum are slated to be awarded funds, including publicly traded firms D-Wave Quantum, Rigetti Computing and Infleqtion.<\/em><\/p>\n<\/blockquote>\n

Commerce Secretary Howard Lutnick’s strategy of using federal funding in exchange for equity stakes will also apply to the quantum computing companies listed above. This is similar to a series of other deals, especially in the rare earths space, including rare-earth magnet maker Vulcan Elements and <\/em>mining company MP Materials<\/em><\/a>.<\/em><\/p>\n

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US TO GRANT $2B TO 9 QUANTUM COMPUTING FIRMS, TAKE STAKES: WSJ<\/p>\n

Among companies receiving funds:<\/p>\n

IBM: $1BN
\nGFS: $375MM
\nQBTS: $100MM
\nRGTI: $100MM
\nINFQ: $100MM<\/p>\n

\u2014 zerohedge (@zerohedge) May 21, 2026<\/a><\/p><\/blockquote>\n

Lutnick stated, “The Trump administration is leading the world into a new era of American innovation.”<\/p>\n

In premarket trading, IBM rose 6%,\u00a0D-Wave Quantum soared 19%, Rigetti Computing jumped 15%, and\u00a0IONQ up 9%.<\/p>\n

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Quantum computing benefits:<\/p>\n