Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

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Published 5/21/2026, 11:43:10 AM · Updated 5/21/2026, 1:18:15 PMBy TheBriefWire Editorial Team

Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

Key points

  • International Business Machines Corp.
  • (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec.
  • 8, 2025. Quantum computing shares popped in premarket trading on Thursday, following reports that the U.S. government will award $2 billion in grants to nine firms operating in the space.
  • The Wall Street Journal first reported on the deals, which will see the U.S. government take equity stakes in the companies.
  • IBM is reportedly the biggest beneficiary of the package, with the U.S. Commerce Department agreeing to give the firm $1 billion, per the WSJ.

Published May 21, 2026.


📌 Source: CNBC

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