U.S. Stock Movement | Quantum computing concept stocks surge, D-Wave Quantum rises nearly 22%
On Thursday, U.S. stocks in the quantum computing sector surged, with D-Wave Quantum rising nearly 22%. Other companies such as Rigetti Computing increased by over 15%, and IonQ Inc rose nearly 12%. Several quantum computing companies are in discussions with the U.S. Department of Commerce regarding equity transfers in exchange for federal funding support, as the Trump administration is expanding its intervention in key economic sectors. Sources revealed that these companies are seeking at least $10 million in funding for each
According to Zhitong Finance APP, on Thursday, U.S. stocks related to quantum computing surged. As of the time of writing, D-Wave Quantum (QBTS.US) rose nearly 22%, Rigetti Computing (RGTI.US) increased over 15%, IonQ Inc (IONQ.US) climbed nearly 12%, and Quantum Computing (QUBT.US) was up 11%. On the news front, it was reported that several quantum computing companies are in talks to transfer equity to the U.S. Department of Commerce in exchange for federal funding support. This indicates that the Trump administration is expanding its intervention in what it considers key economic sectors.
According to informed sources, multiple companies, including IonQ, Rigetti Computing, and D-Wave Quantum, are discussing making the U.S. government a shareholder in exchange for government-provided special funding for promising tech companies. Other firms, such as Quantum Computing Inc and Atom Computing, are also considering similar arrangements. Informed sources stated that these companies are seeking a minimum funding amount of $10 million from the U.S. government for each company. Other tech companies are also expected to join this funding competition
