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Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

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Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

Quantum computing shares popped in premarket trading on Thursday, following reports that the U.S. government will award $2 billion in grants to nine firms operating in the space.

The Wall Street Journal first reported on the deals, which will see the U.S. government take equity stakes in the companies.

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