US Commerce CHIPS deals lift QBTS and RGTI as D-Wave gets $100M
D-Wave Quantum (QBTS) rose 5.73% premarket and Rigetti (RGTI) gained 6.78% after both signed definitive agreements with the U.S. Department of Commerce under the CHIPS and Science Act. D-Wave gets access to up to $100 million.
D-Wave Quantum Inc. 73% premarket and Rigetti Computing Inc. S. Department of Commerce under the CHIPS and Science Act.
D-Wave said the deal gives it access to up to 100 million, converting a letter of intent signed in May.