D-Wave Shares Climb After $100 Million U.S. Quantum Deal Adds Washington as Shareholder
D-Wave Quantum Inc. traded at $19.30 before the NYSE open, up 6%, after signing a letter of intent for $100 million in proposed CHIPS Act funding. The U.S. government would receive common stock if the deal closes. The announcement came as Washington advanced a broader quantum-computing funding package involving IBM, GlobalFoundries, and Rigetti.