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Quantum stocks jump after the U.S. government announced a $2 billion grant plan for nine companies

Quantum stocks rallied today because the U.S. government is investing $2 billion in grants to nine companies working on quantum computing. The National Institute of Standards and Technology said it signed letters of intent with the companies. The U.S. government will also take minority stakes in each business, but those stakes will not give it...

Quantum stocks jump after the U.S. government announced a $2 billion grant plan for nine companies