IBM, Quantum Stocks Jump on Trump Administration Grants

IBM, Quantum Stocks Jump on Trump Administration Grants

By Amrith Ramkumar,Heather Somerville
Publication Date: 2026-05-21 11:11:00

A handful of quantum-computing companies have been given grants that include U.S. government equity stakes, sending their shares higher in premarket trading:
IBM is getting $1 billion of the $2 billion total package. Its shares jumped more than 7% premarket.
Shares in GlobalFoundries, a