Commerce Plans $2 Billion Quantum Investment Across 9 Companies Under CHIPS Act
Updated
Updated · The Motley Fool · Jun 2
Commerce Plans $2 Billion Quantum Investment Across 9 Companies Under CHIPS Act
3 articles · Updated · The Motley Fool · Jun 2
$2 billion in planned Commerce Department funding would give the U.S. minority stakes in nine quantum companies, marking a direct federal equity push into the sector.
The money is aimed at building a domestic quantum-chip manufacturing base and speeding R&D needed to produce practical quantum computers at scale.
IBM is set to receive $1 billion to launch quantum foundry subsidiary Anderon, while GlobalFoundries would get $375 million for a complementary foundry supporting superconducting, trapped-ion and photonics architectures.
Atom Computing, Diraq, D-Wave, Infleqtion, PsiQuantum, Quantinuum and Rigetti are each slated for up to $100 million to tackle specific engineering hurdles across different quantum modalities.
The announcement lifted listed pure-play names, but the report said much of the good news may already be priced in as commercial timelines remain years away despite lower near-term capital risk.
Is the government's venture capital approach creating a quantum tech bubble or securing future leadership?
As quantum computing accelerates, how can society prepare for the inevitable end of modern encryption?
How soon could quantum-enhanced AI outperform classical AI in real-world business applications?
America’s $2 Billion Quantum Surge: Strategic Investments, Industry Impact, and the Global Tech Race
Overview
In May 2026, the U.S. Department of Commerce announced a landmark $2.013 billion investment in nine quantum technology companies under the CHIPS and Science Act. This move is designed to accelerate U.S. leadership in quantum computing and secure a competitive edge globally. By supporting both foundational infrastructure and advanced development, the initiative aims to bolster national capabilities in critical sectors like defense, materials, and energy. The government’s clear vision is to establish the United States as the undisputed leader in quantum technology, driving innovation and strengthening the nation’s position on the world stage.