Quantum computing stocks surged after the Trump administration announced more than $2 billion (€1.7bn) in federal support for the sector. IBM received the largest investment and shares rose over 12% adding more than $27 billion (€23.2bn) in market capitalisation.

Company says investment will help support its quantum roadmap beyond 2029

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

The Trump administration is awarding $2 billion in grants and taking equity stakes in nine quantum-computing firms, including IBM, in a major national security push.

Quantum computing shares popped in premarket trading following reports that the U.S. government will award grants to nine firms operating in the space.

"The Trump administration is leading the world into a new era of American innovation."

The Trump administration is reportedly preparing a $2 billion quantum computing funding package to companies developing quantum technologies.

IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act

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

The Trump administration is awarding grants to a group of quantum computing companies, including IBM, in exchange for equity stakes in some of them, deepening Washington's push to…

The US government will take equity stakes worth $US2 billion in nine quantum computing companies, including Australian-founded start-up PsiQuantum.

The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go to IBM, in a bid to bolster the buildout of super…

The US Department of Commerce has signed nine CHIPS Act letters of intent worth $2bn, taking equity stakes in IBM, D-Wave, Rigetti and others.

Quantencomputer gelten als Schlüsseltechnik der Zukunft. Die Trump-Regierung steckt zwei Milliarden Dollar in IBM, Globalfoundries und mehrere Start-ups – und lässt sich dafür…

The Trump administration is awarding $2 billion in CHIPS Act grants to nine quantum computing companies, with IBM getting $1 billion and the government taking equity stakes across…

The list also include a company that Trump Jr. is invested in.

US government will invest $2 billion in nine quantum computing firms, including IBMs new chip venture Anderon, to strengthen Americas lead in advanced computing and counter China.…

US issues $2B+ in grants to IBM, others for quantum computing initiatives - SiliconANGLE

A ação da empresa negociada na Bolsa de Nova York subiu 12,43% no pregão de ontem (21)

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 US Department of Commerce is allocating $2 billion to American quantum computing firms, with IBM receiving half, to advance supercomputing solutions for global challenges.