Quantum computing stocks rallied sharply Thursday after the U.S. Department of Commerce announced $2 billion in grants to boost the sector.
Commerce Secretary Howard Lutnick said the Trump administration’s CHIPS R&D investments will strengthen U.S. leadership, create thousands of high-paying jobs, and advance national security.
Top gainers included:
– Infleqtion: +23%
– D-Wave Quantum: +16.5%
– Rigetti Computing: +14%
– GlobalFoundries: +13%
The announcement marks a major federal push into quantum technology as a key area of economic and technological competitiveness.
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