Quantum Computing Stocks Surge On Reports of Trump Administration Equity Talks

Oct 23 - Quantum computing shares jumped in premarket trading Thursday following reports that the Trump administration is exploring equity stakes in several leading firms.

IonQ IONQ climbed about 14%, Rigetti Computing RGTI rose roughly 14%, and D-Wave Quantum QBTS gained around 14% as the news stirred investor interest. Other companies, including Arqit Quantum ARQQ and Quantum Computing QUBT, also saw increases between 11% and 13%.

The potential government involvement aims to provide funding for strategic technology companies, signaling a growing focus on critical sectors of the economy.

Market participants noted that these discussions could help accelerate research and development in quantum computing, although details about the size and timing of equity investments remain limited.

Despite the premarket gains, the broader technology sector showed mixed signals. Analysts cautioned that stock prices may remain volatile as markets react to political and funding uncertainties.

The investors are keenly monitoring the impact of such government-funded deals to the competition within the quantum computing companies and the valuation patterns in general.