The U.S. plans to invest $2 billion in nine quantum computing companies. That spending could drive more retail and institutional investors to the niche market.

Two years ago, IBM realized there was one glaring omission in its roster of sports partnerships: Formula One.

The new era of quantum computing will happen, IBM says, as it sees nothing fundamentally to stop it.

Characteristics and Risks of Standardized Options: https://bit.ly/2v9tH6D. IBM Corp. (IBM) has entered the quantum computing space with lots of headlines.

It's pushing harder into two hot segments of the tech market.

IBM (IBM) reported earnings 30 days ago. What's next for the stock?

International Business Machines Corp (NYSE:IBM) shares are on track to close the week nearly 18% higher after the US Department of Commerce's $2 billion quantum computing investment package, which Wedbush analysts called a significant new catalyst for the industry. IBM confirmed it would work with the US government to develop the country's first quantum chip foundry, with the Commerce Department committing $1 billion and IBM matching that figure with its own capital.

The U.S. Department of Commerce award $2 billion in grants to quantum computing companies. It will award $0 of grants to Quantum Computing Inc.

International Business Machines Corp (NYSE:IBM) shares are on track to close the week nearly 18% higher after the US Department of Commerce's $2 billion...

Pure-play quantum stocks including D-Wave, Infleqtion, and Rigetti were also rising ahead of Friday's opening bell.