D-Wave Quantum Receives U.S. Government Funding Amid Stock Surge
The Trump Administration plans to award $2 billion in grants under the CHIPS and Science Act, including a $100 million grant for D-Wave (NYSE: QBTS). The announcement has driven a significant surge in D-Wave's stock price, which rose over 66% within three days. Other recipients include Globalfoundries ($375M) and IBM ($1B), signaling strong government support for quantum computing.
