TradingKey – On May 21 ET, the U.S. government planned to provide approximately $2 billion in funding to nine quantum computing-related companies and participate through equity investment, becoming the focus of the tech stock market this week. Driven by this news, IBM shares surged 12.43% on Thursday, marking a significant recent single-day gain; D-Wave ( QBTS ), Rigetti ( RGTI ), GlobalFoundries ( GFS) and other quantum-related stocks also strengthened in tandem, indicating that the market is re-evaluating the possibility of quantum computing transitioning from a long-term scientific research concept to a strategic industrial asset.

IBM daily stock price chart, Source: TradingView