Nearly half of the planned funding is slated for one profitable tech giant. And the other beneficiaries may be too speculative.

On May 21, the U.S. Commerce Department announced it would give a total of $2 billion in grants to nine companies at the bleeding edge of quantum computing technology, including I ...

IBM stock jumped 12% after securing $1B in federal funding for quantum chip manufacturing. The company will invest another ...

The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go ...

IBM stock surged over 11% on Thursday following a landmark announcement by the US Commerce Department detailing a $2 billion ...

IBM is breaking into the quantum computing foundry business.

IBM says it plans to create ‘America’s first pure-play quantum foundry’ in collaboration with the Commerce Department.

IBM (NYSE:IBM) shares climbed 6.6% on Thursday after the U.S. Commerce Department announced that the company would receive ...

Largest and longest-tenured pure-play quantum ETF holds direct exposure to IBM, D-Wave, Rigetti, and other companies named in ...

The U.S. will invest $2 billion in grant funding in return for equity stakes in nine quantum computing companies, the Wall ...