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US Plans $2 Billion Quantum Tech Grants, Stocks Soar

Published Thursday, May 21, 2026

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Coverage is limited to a single perspective, lacking broader ideological viewpoints.

Media Analysis

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The U.S. government plans to award over $2 billion in grants to quantum technology companies under the CHIPS and Science Act, aiming to boost its leadership in quantum computing. IBM is set to receive a proposed $1 billion award to develop America's first purpose-built quantum foundry, and other companies are also expected to receive funding. The government will also take equity stakes in some of the grant recipients.

What We Know — Key Points

  • The U.S. government plans to award over $2 billion in grants to quantum technology companies under the CHIPS and Science Act.
  • IBM confirmed it would work with the U.S. government to develop America's first purpose-built quantum foundry, supported by a proposed $1 billion award.
  • Companies including D-Wave Quantum, Rigetti Computing, Infleqtion, GlobalFoundries, and Diraq are expected to receive funding.
  • The U.S. government will take equity stakes in some of the companies receiving these quantum technology grants.
  • These grants are part of a broader effort to boost U.S. leadership in quantum computing.

What Is Claimed — Perspectives

  • CNBCCenter

    The article frames the government's quantum computing initiative through its financial impact on the stock market and the economic value it is expected to generate for the U.S.

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