Quantum Computing Stocks Extend Rally on US Government Support Reports

Quantum technology companies surged for a third straight session following reports that the U.S. Commerce Department is considering taking equity stakes in select domestic quantum computing firms. Shares of IonQ jumped 10%, Rigetti Computing rose 11%, and Quantum Computing Inc gained 8%. Analysts said the initiative underscores Washington’s push to secure technological leadership amid global competition. The proposed investment plan could inject significant capital into hardware development and AI-integrated quantum processing over the next fiscal year.