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Shares in US quantum computing firms surged in premarket trading on Thursday after the Wall Street Journal reported President Donald Trump’s administration is in talks to take equity stakes in exchange for federal funding.
Shares of IONQ, Rigetti, D-Wave Quantum and Quantum Computing surged between 12% and 14% after the report said the companies are in talks about the US government becoming a shareholder as part of the agreements.
A US Commerce Department official told Reuters in an email that the department is “not currently negotiating with any of…
