International Business Machines News - May 2026
🟢 IBM is trading 2.7% up today on $2B quantum chip foundry partnership with U.S. Commerce Dept
IBM is trading 2.7% up at $259.89 as investors continue to react to its recently announced $2 billion quantum chip foundry partnership with the U.S. Department...
IBM's $2 Billion Quantum Foundry Bet Sparks a 20% Weekly Rally — But Can a Factory for Chips That Barely Exist Yet Justify the Surge?
Shares vaulted as IBM and the U.S. Department of Commerce unveiled a $2 billion plan to build the country's first dedicated quantum chip factory — a deal that...
🟢 IBM is trading 4.1% up today on $2B U.S. quantum chip foundry deal
IBM is trading 4.1% up at $263.28 in pre-market following news of a $2 billion joint initiative with the U.S. Department of Commerce to build the nation’s...
IBM surges 8% on $2B U.S. quantum chip foundry deal
IBM and the U.S. Department of Commerce announced a $2 billion joint initiative to build America’s first pure-play quantum chip foundry. The federal...
🟢 IBM is trading 10.1% up today on reports of $1 billion in CHIPS Act quantum funding
IBM is trading at $247.73 (+10.10%) following reports that the company received $1 billion from a proposed $2 billion CHIPS Act quantum-computing package. •...
🟢 IBM is trading 4.4% up today on AI enthusiasm and $1B quantum grant
IBM is trading 4.4% up at $234.89 on AI and hybrid cloud enthusiasm following strong Nvidia earnings. • The U.S. Commerce Department awarded the company a $1...