# IBM shares surged more than 6 percent in Thursday trading after the U.S. Department of Commerce announced a $2 billion federal investment in nine quantum computing companies.

*semiconductor · news · 2026-05-21 · Artvoice*

## Key points

- IBM will build America's first purpose-built quantum chip manufacturing facility with $2 billion funding.
- The US government is taking equity stakes in all nine recipient quantum computing companies for the first time.
- Quantum chip manufacturing infrastructure currently does not exist in the US; IBM’s facility addresses this gap.
- D-Wave, Rigetti, Infleqtion, and GlobalFoundries received significant but much smaller awards compared to IBM.

**Companies:** IBM, GlobalFoundries, D-Wave Quantum, Rigetti Computing, Infleqtion
**Countries:** United States

[Read the full story on Artvoice](https://artvoice.com/2026/05/21/ibm-stock-jumps-7-percent-on-a-1-billion-government-quantum-award/)

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