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 ...
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U.S. Awards $2 Billion to Nine Quantum Computing CompaniesThe 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.
IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act ...
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 ...
Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.
May 21 (Reuters) - The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals ...
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 ...
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 ...
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