Trump Administration Takes Stakes in 9 Quantum Firms Under $2 Billion Support Package
Updated
Updated · Opto RoW · Jun 1
Trump Administration Takes Stakes in 9 Quantum Firms Under $2 Billion Support Package
2 articles · Updated · Opto RoW · Jun 1
$2 billion in US support for quantum computing includes minority stakes in nine companies, a step investors read as Washington treating the sector as strategically critical rather than purely experimental.
IBM emerged as the biggest winner with $1 billion to speed specialized quantum processors, while GlobalFoundries, Infleqtion, Rigetti Computing and D-Wave Quantum are also expected to receive significant backing.
The package was launched under the CHIPS and Science Act, pairing subsidies with direct equity participation in a way that extends Washington's state-backing playbook beyond semiconductors and rare earths.
Quantum computing remains early-stage, but the move reframes it as part of a geopolitical race because viable systems could affect encryption, cybersecurity, defense and broader US technological leadership.
With billions in state funding, can the US win the quantum race before the 'harvest now, decrypt later' threat becomes reality?
State-backed quantum computing is here, but what are the hidden risks of betting billions on this revolutionary, yet unproven, technology?
As quantum computers threaten to crack today's encryption, is our global digital infrastructure prepared for the coming cryptographic storm?
The $2 Billion U.S. Quantum Bet: Government Equity Stakes and the New Industrial Policy
Overview
In May 2026, the Trump administration announced a landmark $2.013 billion federal investment in nine leading quantum technology companies, including IBM and GlobalFoundries. This funding, originating from the 2022 CHIPS and Science Act, marks a shift as the government takes minority equity stakes in these firms, showing a direct commitment to advancing the quantum sector. The investment aims to strengthen manufacturing infrastructure and address key technical challenges across different quantum computing approaches, reflecting significant changes in grant parameters under the current administration and signaling a new era of U.S. industrial policy in quantum technology.