Trump Administration Discusses Equity Stakes in Quantum Companies, Stock Prices Surge

Reported about 8 hours ago

Quantum computing stocks experienced significant gains following reports that the Trump administration is in discussions to take equity stakes in several companies, including IonQ, Rigetti Computing, D-Wave, and Quantum Computing, in exchange for federal funding. These companies saw their stock prices rise sharply, with IonQ increasing by 9% and D-Wave by 18%. This potential government involvement comes after Trump's past support for quantum research and aims to boost the sector amidst its ongoing development challenges.

Source: YAHOO

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