# Quantum computing stocks surged on Thursday after news of a major investment from the White House.

*semiconductor · news · 2026-05-21 · Business Insider*

## Key points

- The US Department of Commerce is awarding $2 billion in grants to quantum computing firms.
- About half of the $2 billion will go to IBM, according to The Wall Street Journal.
- GlobalFoundries will receive $375 million, while D-Wave, Rigetti, and Infleqtion get $1 million each.
- Infleqtion led quantum sector stocks with a 23% surge after the investment announcement.
- In October 2025, the White House considered taking equity stakes in quantum computing companies.

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

[Read the full story on Business Insider](https://www.businessinsider.com/quantum-stocks-trump-investment-infleqtion-rigetti-computing-d-wave-ibm-2026-5)

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