US Stock Market Move | Quantum computing concept stocks continue to be strong, Infeqtion (INFQ.US) rose nearly 20%
On Friday, conceptual stocks related to quantum computing continued to show strength.
On Friday, quantum computing concept stocks continued to show strength. Infeqtion (INFQ.US) rose nearly 20%, Rigetti Computing (RGTI.US) rose over 19%, Quantum Computing (QUBT.US) and D-Wave Quantum (QBTS.US) rose over 15%, IonQ (IONQ.US) rose over 8%, and IBM (IBM.US) rose nearly 3%. On the news front, the U.S. Department of Commerce announced on Thursday that the government will invest approximately $2 billion in equity funding in nine quantum computing companies to strengthen America's leading position in the field of quantum technology. Analysts point out that with the ongoing demand for computing power driven by the AI boom, quantum computing is rapidly becoming a new frontier technology race that Wall Street is paying close attention to.
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