🟢 QUBT is trading 6.2% up today as US earmarks $2B in CHIPS Act quantum funding

QUBT is trading 6.2% up today at $12.12 after the U.S. Department of Commerce earmarked $2.013 billion in CHIPS and Science Act funding for the quantum computing sector.

• The strategic plan includes potential federal minority stakes and commercialization support for quantum companies, significantly boosting sentiment across the industry.
• While the broader market is trending higher, the price action in QUBT is primarily attributed to this specific sector-specific funding catalyst.