IBM, set to receive $1 billion of the package, saw large stock gains along with other companies involved.

By Harshita Mary Varghese and Aditya Soni May 21 (Reuters) - The Trump administration will take $2 billion in equity stakes ...

The U.S. will invest $2 billion in grant funding in return for equity stakes in nine quantum computing companies, the Wall Street Journal first reported citing the Commerce Department, including a $1 ...

Rigetti Computing (RGTI), and Infleqtion (INFQ) — the latter three are all up by over 40% over the last five sessions — after the US Commerce Department announced it will award $2 billion in grants ...

The Trump administration is awarding $2 billion in CHIPS Act grants to nine quantum computing companies, with IBM getting $1 billion and the government taking equity stakes across the group.

The Trump administration plans to invest $2 billion in nine companies in the field of quantum computing, the U.S. Department of Commerce said Thursday. As with previous U.S. investments under Trump in ...

May 21 (Reuters) - The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals ...

May 21 (Reuters) - The Trump administration will take $2 ⁠billion ⁠in equity stakes across nine quantum-computing companies, including ⁠a new IBM venture, in a major push to secure U.S. leadership in ...

IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act ...

WASHINGTON—The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals that include U.S. government equity stakes, the Commerce Department said. The move ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Imani Moise: Here's your morning TNB Tech Minute for Thursday, May 21st. I'm ...