Quantum Computing Stocks Surge Amid Government Stake Speculation
Quantum computing stocks experienced a sharp rally late last week following reports of potential U.S. government equity stakes in key firms. IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. all posted significant gains as traders reacted to the prospect of federal backing. The momentum was partially tempered by a Commerce Department denial of active negotiations, though market participants remain attuned to Washington's growing interest in the sector.
Deputy Commerce Secretary Paul Dabbar, a former Bohr Quantum Technology executive and JPMorgan Chase veteran, is viewed as a leading advocate for U.S. quantum dominance. The speculative rally builds upon recent private sector momentum, including JPMorgan's $1.5 trillion Security and Resiliency Initiative targeting frontier technologies like quantum computing and AI.
