<div id="readability-page-1" class="page">Quantum computing stocks moved higher after the U.S. Department of Commerce announced letters of intent for $2.013 billion in planned CHIPS and Science Act incentives across nine quantum companies. The funding is structured as a federal capital in exchange for minority, non-controlling equity stakes, giving investors a clearer read on which parts of the quantum supply chain Washington wants to support.<h3>Meet Samuel – Your Personal Investing Prophet</h3>Explore IBX for 2X leverage on IBM The program includes two domestic quantum foundries and seven hardware developers, with the goal of speeding up progress toward utility-scale, fault-tolerant quantum computers. Here, we want to take a quick look at the nine selected companies, their roles in the space, and what is expected of them. <ul> <li>International Business Machines Corporation (IBM): IBM is a global technology company with deep exposure to cloud, AI, enterprise software, and quantum computing. The company is set to receive $1 billion to create a new quantum foundry subsidiary focused on quantum-grade superconducting wafers. The key expectation is that IBM can turn its research lead into manufacturing scale, giving the U.S. a domestic production base for advanced quantum chips. </li> </ul> <ul> <li>GlobalFoundries Inc. (GFS): GlobalFoundries is a semiconductor foundry that manufactures chips for automotive, industrial, communications, and defense-related markets. The company is expected to receive $375 million to build a secure domestic quantum foundry capable of supporting several quantum approaches, including superconducting, trapped-ion, photonic, topological, and silicon-spin systems. For investors, the appeal is not tied to a single quantum winner but to GlobalFoundries' role as the infrastructure for multiple architectures.</li> </ul> <ul> <li>D-Wave Quantum Inc. (QBTS): D-Wave Quantum is a pure-play quantum computing company known for quantum annealing systems and its work on gate-model superconducting technology. Its planned $100 million award aims to improve materials, packaging, and system performance. The market will likely watch whether D-Wave can move beyond early commercial use cases and show stronger progress on error reduction, qubit scale, and enterprise adoption.</li> </ul> <ul> <li>Rigetti Computing, Inc. (RGTI): Rigetti Computing is a quantum computing company developing superconducting quantum processors and cloud-accessible quantum systems. Its planned $100 million award is focused on hardware scaling, including better readout electronics and cryogenic systems. The investment case centers on whether Rigetti can improve reliability and scale its processors without losing performance, a key challenge for superconducting quantum platforms.</li> </ul> <ul> <li>Infleqtion (INFQ): Infleqtion is a quantum technology company focused on neutral-atom quantum computing, quantum software, and precision sensing. Its planned $100 million award supports the systems needed to scale neutral-atom machines, including optical controls, readout, and error-correction tools. The expectation is that Infleqtion can help prove that neutral atoms are not just promising in the lab but also scalable enough for useful computing.</li> </ul> <ul> <li>Atom Computing: Atom Computing is a private quantum computing company developing neutral-atom systems designed to scale to large numbers of qubits. Its planned $100 million award targets the control and integration challenges that come with managing thousands of atomic qubits. Investors should view this as a bet on scale, with the main milestone being whether Atom can maintain precision as system size increases.</li> </ul> <ul> <li>Quantinuum: Another private company (for now) is Quantinuum, formed by Honeywell Quantum Solutions (HON) and Cambridge Quantum, with a focus on trapped-ion technology and quantum software. Its planned $100 million award is aimed at improving integrated photonics and optical components, which are critical for scaling trapped-ion systems. The expectation is that Quantinuum can use its high-fidelity approach to keep advancing toward fault-tolerant quantum computing.</li> </ul> <ul> <li>PsiQuantum: PsiQuantum is also a private quantum computing company building photonic quantum computers using light-based systems and semiconductor manufacturing techniques. Its planned $100 million award supports photonic packaging and silicon-based integration. The market takeaway is that the U.S. is backing PsiQuantum's long-term, large-scale approach, though investors will still need proof that photonics can deliver on its ambitious roadmap.</li> </ul> <ul> <li>Diraq: Diraq is another private quantum computing company on the list, developing silicon-spin qubits, an approach that could use existing semiconductor manufacturing methods. Its planned $38 million award is smaller than the others, but strategically focused on making silicon-spin quantum logic units more reproducible and scalable. The upside case is clear: if Diraq can make quantum processors using familiar chipmaking tools, it could offer a more manufacturable path to scale.</li> </ul> For investors, the main takeaway is that Washington is not picking a single quantum winner. It is funding a portfolio across manufacturing, superconducting systems, neutral atoms, trapped ions, photonics, and silicon spin. That may help de-risk parts of the sector, especially for publicly traded names like IBM, GlobalFoundries, D-Wave, and Rigetti. It also puts a sharper spotlight on IonQ Inc. (IONQ), a trapped-ion pure-play that was not included in the award list, even as investors continue to debate which quantum architecture will reach commercial value first. We used TipRanks' Comparison Tool to align all the major quantum companies featured in the piece, as well as other pure-play stocks such as Xanadu (XNDU), Horizon (HQ), and QCI (QUBT).</div>

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The U.S. Department of Commerce announced $2.013 billion in funding for nine quantum companies under the CHIPS and Science Act. Key recipients include IBM ($1 billion), GlobalFoundries ($375 million), and D-Wave, Rigetti, and others ($100 million each). The funding aims to enhance domestic quantum computing capabilities across various technologies, supporting a diverse portfolio rather than a single winner, which may reduce risks for investors in the sector.

Tip Ranks

D-Wave Quantum

Rigetti Computing

GlobalFoundries

Tradr 2X Long RGTI Daily ETF

Tradr 2X Long QBTS Daily ETF

Defiance Daily Target 2X Long RGTI ETF

Defiance 2X Daily Long Pure Quantum ETF

Tradr 2X Long IBM Daily ETF

Infleqtion

Honeywell

D-WAVE QUANTUM INC C/WTS 05/08/2027 (TO PUR COM)

Rigetti Computing - CW27

INFLEQTION INC C/WTS 17/02/2031 (TO PUR COM)

Honeywell International - WI

Why IBM, GFS, QBTS, and RGTI Made the U.S. $2 Billion Quantum Funding List