ReferIndia News IBM Shares Soar on US Funding for $2 Billion Quantum Push

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IBM Shares Soar on US Funding for $2 Billion Quantum Push

Published on: May 22, 2026, 12:13 a.m. | Source: Livemint

The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry.

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