Trump Administration’s Quantum Computing Equity Talks Lift Sector Stocks
Shares of quantum computing firms surged Thursday following reports that the TRUMP administration is negotiating federal funding in exchange for equity stakes. IonQ, Rigetti, D-Wave Quantum, and Quantum Computing saw gains between 5% and 14%, while the Defiance Quantum ETF rose 2%.
The discussions, described as a FORM of "state capitalism," involve the Commerce Department potentially taking ownership positions in exchange for capital injections. Market participants await further details, though companies either declined to comment or cited ongoing government engagement.
This development underscores growing institutional interest in cutting-edge technologies, with public markets reacting swiftly to potential government-backed capital flows into the quantum sector.
