CHIPS Act Funds Flow to Quantum as D-Wave, Rigetti and Quantinuum Sign Final Deals
D-Wave, Rigetti and Quantinuum each secure $100M in CHIPS funding. The U.S. takes small equity stakes. IonQ adds an $8.18M security deal and raises 2026 guidance.
D-Wave, Rigetti and Quantinuum each secure $100M in CHIPS funding. The U.S. takes small equity stakes. IonQ adds an $8.18M security deal and raises 2026 guidance.
IonQ stock rose on strong results while D-Wave shares dropped after missing revenue forecasts, despite a 1,120% bookings surge in H1 2026.
IonQ reported record Q2 revenue of $80.1 million (up 287% YoY), beating forecasts. The quantum firm raised full-year guidance to $280–290M.
AT&T will layer D-Wave’s quantum tech into AI network tools after a test cut processing from 1 hour to 15 seconds.
Trump orders fast-track quantum tech: build powerful computer by 2028 and upgrade encryption to resist future cyber threats by 2030.
Quantinuum is launching the largest quantum computing IPO of 2026, targeting $1.46 billion at a $14.3 billion valuation. Trading starts this week on Nasdaq under ticker QNT.