# Quantum computing stocks surged last week after the U.S. Department of Commerce announced $2.013 billion in CHIPS and Science Act grants to nine quantum computing companies.

*semiconductor · news · 2026-05-26 · Benzinga*

## Key points

- The U.S. Department of Commerce awarded $2.013 billion to nine quantum computing companies.
- QTUM ETF holds exposure to IBM, D-Wave, Rigetti, and IonQ, directly linked to the funding package.
- The federal funding has triggered significant volatility as investors reassess quantum stock valuations.
- Crossing $5 billion AUM, QTUM ETF reflects growing institutional and policymaker commitment to quantum technology.
- U.S. industrial policy is now explicitly supporting quantum technologies alongside AI and advanced semiconductors.

**Companies:** IBM, IONQ Inc, Defiance ETFs, D-Wave, Rigetti
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/etfs/sector-etfs/26/05/52796817/qtum-etf-crosses-5-billion-even-as-ibm-rigetti-ionq-d-wave-cool-off)

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