International Business MachinesAwarded $1 billion to anchor a new quantum chip foundry in Albany, New York.
Quantum computing exchange-traded funds have posted strong year-to-date gains amid historic U.S. government funding commitments to the sector. The Defiance Quantum ETF has surged 38.4%, the WisdomTree Quantum Computing Fund has soared 30.9%, and the Global X AI Semiconductor & Quantum ETF has rallied 69.9%. Driving the momentum are federal initiatives including $625 million from the Department of Energy to renew five National Quantum Information Science Research Centers, $2 billion in CHIPS Act incentives for domestic quantum foundries, and a $1 billion award to IBM to anchor a new U.S.-based quantum chip foundry in Albany, New York. Recent technological breakthroughs, such as Quantinuum's 98-qubit Helios system operating beyond classical simulation and NVIDIA's launch of open-source quantum AI models, have further validated the industry's commercial potential.
International Business MachinesAwarded $1 billion to anchor a new quantum chip foundry in Albany, New York.
Quantinuum Inc. Class A Common StockAchieved 98-qubit Helios system operating beyond classical simulation.
NVIDIA CorporationLaunched open-source quantum AI models, validating commercial potential.
Arqit Quantum Inc.
IONQ Inc