D-Wave Quantum Stock Surges on Government Funding News

D-Wave Quantum (QBTS) stock rose 17.2% in Friday trading after the company signed a letter of intent for $100 million in funding from the U.S. Department of Commerce under the CHIPS and Science Act. TD Cowen highlighted D-Wave as one of three top beneficiaries, alongside Rigetti Computing and GlobalFoundries.

By Keith Noonan · Motley Fool · May 22, 2026, 17:38 UTC

D-Wave Quantum Stock Surges on Government Funding News

Tickers: $GFS $QBTS $RGTI

Topics: investment funding quantum computing stock price movement

Read the full article at Motley Fool

More World news

IRS Announces Increased 401(k) Contribution Limits for 2027 CNBC · November 12, 2026, 17:23 UTC
Bit Digital Announces $865 Million Contract and Commencement of 40MW Billing Seeking Alpha · November 12, 2026, 17:20 UTC
Nvidia CEO Jensen Huang Resigns Amid Investigation and Personal Allegations Motley Fool · November 12, 2026, 17:20 UTC
Argus Research Upgrades Republic Services to Buy Seeking Alpha · November 12, 2026, 17:16 UTC
Moderna Shares Decline Following Analyst Day Projections and Future Cost Concerns Motley Fool · November 12, 2026, 17:13 UTC
United Airlines Restricts AI Agent Access to Booking Systems Due to Cybersecurity and Regulatory Concerns TechCrunch · November 12, 2026, 17:17 UTC
Global Payments Shares Drop 12% Following Reports Private Equity Firms Abandoned Takeover Bid Seeking Alpha · November 12, 2026, 17:14 UTC
Nvidia Appoints Colette Kress as Interim CEO Following Jensen Huang's Resignation CNBC · November 12, 2026, 16:59 UTC
Brookfield Corporation Reports Strong Third Quarter Earnings Growth and Increased Share Buybacks Motley Fool · November 12, 2026, 17:08 UTC
Franco-Nevada Reports Q3 2026 Revenue Growth Driven by Higher Gold and Oil Prices Motley Fool · November 12, 2026, 17:10 UTC