IBM Stock Jumps Again. What to Know About the Quantum Rally. -- Barrons.com

Dow Jones20:28

By George Glover

International Business Machines stock was rising again on Friday as the quantum computing rally rolled on.

Shares climbed 2.6% to $259.50 in premarket trading, having surged 12% the previous session to help propel the Dow Jones Industrial Average to its first record close since February.

Pure-play quantum stocks were also set to open higher. D-Wave Quantum added 1.7%, Infleqtion jumped 8%, and Rigetti Computing gained 2.8% in premarket trading Friday.

IBM said on Thursday that it would create a new, stand-alone quantum foundry called Anderon. IBM and the Commerce Department each will contribute $1 billion of cash into the project.

The Commerce Department is also set to award funds to several other quantum-computing companies, including D-Wave, Infleqtion, and Rigetti.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

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May 22, 2026 08:28 ET (12:28 GMT)

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