🟢 QBTS is trading 8% up today on $100M CHIPS Act funding Letter of Intent

QBTS is trading about 8% up today at roughly $28.07 following a sharp two-day rally driven by major federal funding headlines.

• D-Wave Quantum disclosed a Letter of Intent with the U.S. Department of Commerce for $100 million in proposed CHIPS Act backing.
• The move has pushed the stock up more than 45% over the last 48 hours, rising from a level of $19.30 to current pre-market highs.