"The empires of the future are the empires of the mind." — Winston Churchill The Trump administration’s recent moves in the stock market—dubbed the “golden touch”—have garnered attention, with strategic equity stakes in semiconductors and rare earths yielding substantial returns. Intel’s stock surged nearly 80% after a $9 billion grant-to-equity deal, while MP Materials soared over 300% year-to-date following a $400 million Defence Department investment. Now, whispers of similar deals in quantum computing have sparked a frenzy, with stocks like IonQ, D-Wave, and Rigetti jumping 10-20% on reports of $10 million funding awards for equity stakes. Could quantum computing become the next “Trump sector”? Which firms should investors watch, who might be the administration’s next target, and will
Quantum Move! Is This the Next “Rare Earth” Boom?
Several quantum-computing companies are in talks to give the Commerce Department equity stakes in exchange for federal funding, a signal that the Trump administration is expanding its interventions in what it sees as critical segments of the economy. IonQ and D-Wave Quantum rose 17%; Rigetti Computing rose 14%; Quantum Computing and Sealsq rose 10%; Arqit Quantum rose 24%.
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