Quantum Computing Stocks Surge on Report of $2 Billion U.S. Funding for the Sector
Shares of several quantum computing companies jumped sharply in early U.S. trading on Thursday following reports that the Trump administration plans to provide $2 billion in grants to firms operating in the fast-growing quantum technology industry.
The reported funding package is viewed as a significant move to accelerate development in a sector increasingly considered strategically important for both economic growth and national security.
U.S. Government Could Take Equity Stakes in Quantum Companies
According to a report by the Wall Street Journal, citing the U.S. Commerce Department, the proposed funding agreements may include equity stakes for the U.S. government in participating companies.
Washington has previously used similar structures in other industries, including deals involving rare-earth miner MP Materials and magnet producer Vulcan Elements.
The approach reflects growing government involvement in technologies considered critical to future competitiveness.
IBM Expected to Receive Largest Share of Quantum Funding Package
The report stated that the Commerce Department has already agreed to allocate approximately $1 billion to IBM, widely regarded as one of the leading companies in quantum computing research and development.
IBM has been at the forefront of efforts to build systems capable of solving complex problems significantly faster than traditional supercomputers using quantum technology.
Several Quantum Firms Could Receive Hundreds of Millions in Support
Additional funding allocations reportedly include:
- $375 million for GlobalFoundries
- $100 million each for D-Wave Quantum, Rigetti Computing, and Infleqtion
- $38 million for startup Diraq
Following the news, quantum-related stocks recorded strong gains:
- D-Wave Quantum shares rose 16%
- Rigetti Computing advanced 14%
- Infleqtion surged 25%
The sharp moves highlight growing investor enthusiasm surrounding quantum computing opportunities.
Quantum Computing Becomes Strategic Priority Alongside Artificial Intelligence
Along with artificial intelligence, quantum computing has become an increasing focus for the Trump administration, which views advanced technologies as essential for maintaining U.S. economic leadership and strengthening national security capabilities.
Government support for emerging technologies has intensified as competition with global rivals expands.
Funding Package Still Requires Final Approval
The report noted that all transactions remain subject to completion and approval procedures.
The funding is expected to come from programs supporting early-stage technologies under the 2022 CHIPS and Science Act, legislation designed to strengthen domestic innovation and semiconductor production.
White House Reportedly Preparing New Quantum Computing Initiative
A senior Commerce Department official reportedly stated there is now greater confidence that quantum computing is moving closer to practical implementation.
The Wall Street Journal also reported that the White House may be preparing a new executive order focused specifically on the quantum computing industry, according to sources familiar with the matter.
If confirmed, additional policy support could further accelerate investment and development across the sector.
