For months, investors have been waiting for the other shoe to drop. After President Donald Trump's administration began taking direct stakes in stocks tied to rare earth minerals, semiconductors, and artificial intelligence (AI) infrastructure, quantum computing looked like the next logical target.
Quantum technology sits at the crossroads of cybersecurity, military modeling, drug discovery, and AI — all industries with national security implications. So, when the administration announced on May 21 that it would invest $2 billion directly into the quantum computing sector, Wall Street didn’t exactly blink in surprise.