IonQ Stock Rises Despite Missing Out on $2 Billion U.S. Government Grants for Quantum Computing Firms
Despite not receiving any of a reported $2 billion in government grants, IonQ (NYSE: IONQ) stock rose by nearly 9.5% as the Trump Administration announced funding and equity stakes for nine quantum computing companies including rivals like D-Wave, Infleqtion, Rigetti Computing, IBM, and Globalfoundries.
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Topics: government grants IonQ stock price move quantum computing