U.S. government awards $2 billion in quantum computing grants to nine firms, takes equity stakes; IBM gets $1 billion to build quantum foundry in Albany, New York, sparking stock surge up to 33%.

Quantum stocks soar as U.S. plans $2 billion funding incentives and equity stakes

International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty ImagesQuantum computing shares popped on Thursday, as the U.S. government said it would award $2 billion in grants to nine firms operating in the space.The National Institute of Standards and Technology announced the signing of letters of intent in a release, saying it would take a minority, non-controlling stake in eac...