D-Wave exec sells $437K shares amid quantum computing stock surge on CHIPS Act funding news

D-Wave Quantum's Executive Vice President Sophie Ames sold $437,000 worth of shares as the company's stock surged following reports of potential CHIPS Act funding for quantum computing. The shares jumped 7.81% in after-hours trading, continuing a strong upward trend fueled by government support for the sector. D-Wave also signed a Letter of Intent for $100 million in proposed CHIPS funding, highlighting growing investor interest. The stock remains below its 52-week high but has gained over 35% in the past year.