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Quantum computing stocks rise as Trump signs orders boosting federal support amid tech sell-off

Market News
23 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

President Trump signed two executive orders to accelerate quantum computing development and prepare for security risks from quantum technology. This federal push includes billions in funding, benefiting companies like IBM, D-Wave, Rigetti, and IonQ, whose stocks rose despite broader tech market weakness. IBM stands out with its profitable, diversified business, while IonQ offers more direct exposure to quantum tech but with higher risk. ETFs tracking quantum stocks lag due to diversified holdings. Government backing signals growing strategic priority for quantum computing, though the sector remains speculative.

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