QTUM ETF Crosses $5 Billion Even As IBM, Rigetti, IonQ, D-Wave Cool Off

The U.S. Department of Commerce announced $2.013 billion in CHIPS and Science Act grants for nine quantum computing companies, one of the largest federal commitments ever to the sector. The news helped drive a surge in quantum computing stocks last week, signaling stronger policy support and improved funding visibility for the industry.

Analysis

The U.S. Department of Commerce announced $2.013 billion in CHIPS and Science Act grants for nine quantum computing companies, one of the largest federal commitments ever to the sector. The news helped drive a surge in quantum computing stocks last week, signaling stronger policy support and improved funding visibility for the industry.