Shares of IonQ, Rigetti Computing, and D-Wave Quantum were all still higher despite the statement from the Commerce Department.

Quantum computing stocks rallied on Thursday after news of a major investment from the White House. Infleqtion, Rigetti, and IBM shares spiked.

Quantum computing is increasingly expected to have a role in shaping the future of science, commerce and many other applications, and the U.S. government recently gave leaders in the field a big ...