US government pours $2 billion into quantum computing firms, IBM earmarked $1 billion

The United States announced a $2 billion investment in nine quantum‑computing companies, taking minority equity stakes in each as part of the Chips and Science Act. IBM is the largest beneficiary, receiving $1 billion to establish a dedicated quantum‑chip fab, named Anderon, and will match the federal funding with an additional $1 billion of its own capital.

GlobalFoundries will obtain $375 million for quantum components, while D‑Wave Quantum, Rigetti Computing and Infleqtion are slated for about $100 million each. Australian startup Diraq may receive up to $38 million. The move follows a broader U.S. strategy to secure strategic technologies, mirroring earlier actions in the semiconductor sector. The announcement triggered sharp gains in the stocks of the targeted firms.

Federal officials indicated the programme aims to accelerate the development of practical, fault‑tolerant quantum computers and that a presidential decree could further shape the industry’s regulatory environment.