US Government Funding D-Wave; Qualcomm Shares Jump 5%

D-Wave (QBTS) saw its stock surge 33% after the U.S. government announced a $100 million investment in the company’s quantum‑computing technology. The funding is positioned as a boost for AI‑related research and development.

Separately, Qualcomm (NASDAQ:QCOM) shares rose 5.4% in trading, prompting analysts and investors to reassess its buying appeal.