D-Wave Quantum Stock Falls Despite $100 Million Funding from U.S. Commerce Department
Despite receiving a $100 million funding boost under the CHIPS and Science Act, D-Wave Quantum (NYSE:QBTS) fell by 5.25% on May 26 as investors reacted to skepticism over quantum computing's advantages raised by Flatiron Institute researchers.
Topics: Commerce Department funding D-Wave Quantum Flatiron Institute research quantum computing