IBM will build America’s first dedicated quantum foundry with $2B backing, while GlobalFoundries launches Quantum Technology Solutions supported by a $375M CHIPS award.
The Trump administration is awarding $2 billion in grants to nine quantum computing companies, including IBM, and will take equity stakes in the firms to strengthen US tech leadership.
Infleqtion grew revenue to $9.5M in Q1 but had a loss; it raised 2026 outlook to $40M and sees strong quantum demand.
NVIDIA launched AI models for quantum computing, boosting quantum stocks and optimism about faster, more accurate future systems.
BTIG has initiated coverage of Infleqtion with a Buy rating. INFQ is generating real revenue in quantum technology, targeting strong growth, and is sending advanced hardware to the ISS, boosting its stock.
Data center and AI-related stocks like CoreWeave plunged sharply as rising credit risks and heavy spending fears spark a sell-off in speculative tech trades. Investors are pushing back against big capital expenses.
