Trump admin invests $1B in IBM's new quantum foundry, validating Dan Ives' massive upside call. Read how CHIPS Act funds fuel the tech race.

The grants include a massive $1 billion grant for IBM.

IBM and the US Commerce Department are building the first purpose-built quantum chip foundry, backed by $1B in CHIPS Act funding, with major implications for crypto security.

IBM Stock: The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals.