Movement Alert｜D-Wave Quantum Inc. Rises 5.41% Overnight, Quantum Computing Sector Boosted by Continued CHIPS Act Funding Momentum

Market Focus09-23 08:04

On September 23, D-Wave Quantum Inc. rose 5.41% overnight, trading at $18.53 per share, with turnover of $11,400.

The rise comes amid sustained momentum in the quantum computing sector following a series of CHIPS and Science Act funding milestones. Most recently, IBM's quantum manufacturing subsidiary Anderon completed a $1 billion government subsidy agreement for its quantum processor fabrication facility in New York, with IBM committing an additional $1 billion of its own. The announcement also confirmed that D-Wave Quantum and Rigetti Computing have already received their respective $100 million CHIPS Act subsidies.

D-Wave finalized its agreement with the US Department of Commerce earlier in September, securing up to $100 million to support R&D of its annealing and gate-model quantum technologies, including systems targeting 100,000 and 10,000 qubits respectively. As a condition, the Commerce Department received a minority, non-controlling equity interest in D-Wave. The US government has committed a total of $2 billion across nine companies to develop the domestic quantum industry, reinforcing long-term sector tailwinds.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 5.41% Overnight, Quantum Computing Sector Boosted by Continued CHIPS Act Funding Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-09-23 08:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On September 23, D-Wave Quantum Inc. rose 5.41% overnight, trading at $18.53 per share, with turnover of $11,400.</p><p>The rise comes amid sustained momentum in the quantum computing sector following a series of CHIPS and Science Act funding milestones. 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