D-Wave Quantum Stock Surges Nearly 50% in May Amid Federal Funding Announcement

Shares of D-Wave Quantum (QBTS) surged nearly 49% in May due to a $100 million federal investment under the CHIPS and Science Act. The U.S. Department of Commerce announced $2 billion for quantum computing, with nine companies including D-Wave receiving funds.

By Johnny Rice · Motley Fool ·

D-Wave Quantum Stock Surges Nearly 50% in May Amid Federal Funding Announcement

Tickers: $QBTS

Topics: earnings report federal funding quantum computing

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