By Saurabh Katiyar | Washington
IBM and quantum firms surge after White House launches aggressive China counter-strategy
Quantum computing stocks jumped sharply on Wednesday after the Trump administration announced a massive $2 billion investment plan aimed at securing America’s dominance in next-generation technology.
The White House confirmed that nine quantum computing companies will receive government funding under a new strategic initiative designed to strengthen US technology leadership and compete with China.
The announcement immediately triggered a strong rally across the quantum computing sector.
IBM surged 12.4% after the US Commerce Department revealed the company would receive $1 billion to help launch a new quantum chip manufacturing venture.
The new company, called “Anderon,” will reportedly become the first US facility dedicated entirely to manufacturing quantum chips using advanced 12-inch wafers.
IBM said the project will be headquartered in New York.
The Commerce Department did not disclose how large the government’s ownership stake in the company will be.
Quantum Stocks Explode After Funding Announcement
Several other quantum technology firms also recorded major gains.
GlobalFoundries soared nearly 15% after securing $375 million to expand production of quantum computing components inside the United States.
The company said it created a new “Quantum Technology Solutions” division focused on scaling quantum hardware manufacturing.
Smaller quantum firms also received major support.
D-Wave, Atom Computing, PsiQuantum, Quantinuum and Infleqtion will each receive roughly $100 million in government funding.
Rigetti Computing could receive up to $100 million, while Diraq may secure up to $38 million to overcome technical barriers slowing system development.
D-Wave said the investment will help expand its quantum systems and research facilities.
The funding will reportedly come through grants connected to the Chips and Science Act.
The US government also plans to take minority ownership stakes in several of the companies.
Analysts say the strategy reflects Washington’s growing willingness to directly support industries considered critical to national security and future economic competition.
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Commerce Secretary Howard Lutnick described the investments as essential for protecting America’s technological future.
“These strategic quantum technology investments will strengthen America’s quantum capabilities,” Lutnick said.
He added that the projects could create thousands of high-paying jobs while strengthening domestic supply chains.
Reports also suggest the Trump administration is preparing a separate executive order focused on quantum computing and national security.
Market experts said the scale of the announcement surprised investors.
Ken Mahoney, CEO of Mahoney Asset Management, said the White House is clearly treating quantum computing as a major national priority.
VJ Sahi, senior vice president at Clark Street Partners, described the initiative as the largest US government move yet toward commercializing quantum technology.
Unlike previous government investments focused mainly on universities and research labs, the latest funding directly supports private companies building commercial systems and advanced quantum chips.
The sudden government backing fueled optimism that quantum computing could become one of the next major growth sectors in technology markets.
Investors now expect increased competition between the United States and China as both countries race to dominate advanced computing, artificial intelligence and semiconductor development.
Analysts believe the latest investments could accelerate breakthroughs in cybersecurity, defense systems, pharmaceuticals and artificial intelligence over the coming decade.
