D-Wave Quantum Stock Surges Over 50% After Federal Grant Announcement

D-Wave Quantum (QBTS) stock surged over 54% this week following the announcement that it received a $100 million grant from NIST under the U.S. CHIPS and Science Act, along with minority equity investment. The funding is expected to support R&D for its quantum computing ecosystem.

By Howard Smith · Motley Fool ·

D-Wave Quantum Stock Surges Over 50% After Federal Grant Announcement

Tickers: $IBM $QBTS

Topics: D-Wave Quantum government grants quantum computing stock surge

Read the full article at Motley Fool

More World news