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The Economic Times
The Economic Times

IBM stock, Rigetti Computing RGTI shares jump big thanks to quantum computing grants. All about big move by Trump Administration

Donald Trump IBM Rigetti Computing Quantum Computing the Trump Administration DWave Quantum GlobalFoundries Infleqtion the Wall Street Journal

IBM stock climbed 6.3 per cent in pre-market trading on Thursday after the Wall Street Journal reported the Trump Administration was awarding $2 billion in grants to nine quantum-computing companies, of which IBM would receive $1 billion. Rigetti Computing stock gained 14.6 per cent, GlobalFoundries was up 9.7 per cent, D-Wave Quantum jumped 19.3 per cent, and Infleqtion added 26 per cent.

Quantum Computing

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