Reported about 8 hours ago
Shares of U.S. quantum computing companies surged following reports that the Trump administration is considering acquiring equity stakes in these firms in exchange for federal funding. Companies like IonQ, Rigetti, and D-Wave Quantum saw their stock prices rise by up to 16%. Despite a Commerce Department official stating that no negotiations are currently ongoing, the potential government investment signals a new strategy to bolster critical technology sectors while reducing reliance on China.
Source: YAHOO