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Technology Stocks : Semi Equipment Analysis
SOXX 304.45+0.1%Oct 28 4:00 PM EDT

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From: Julius Wong10/23/2025 7:36:16 AM
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IonQ, Rigetti, D-Wave surge on report of Trump administration quantum equity talks


Oct. 23, 2025 4:38 AM ET
kBy: Arundhati Sarkar, SA News Editor

Quantum computing stocks rose sharply in premarket trading on Thursday after reports emerged that the Trump administration is negotiating equity stakes in several key firms.

Companies including IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) are discussing the government becoming a shareholder as part of agreements to get funding earmarked for promising technology companies, the Wall Street Journal reported.

The move signals the Trump administration's expanding interventions in what it sees as critical segments of the economy.

Other companies, such as Quantum Computing (NASDAQ: QUBT) and Atom Computing, are also considering similar arrangements, the report said.

In premarket activity, IonQ (NYSE: IONQ) rose 14.3%, Rigetti Computing (NASDAQ: RGTI) 13.8%, D-Wave Quantum (NYSE: QBTS) 13.6%, Arqit Quantum (NASDAQ: ARQQ) +11.7%, and Quantum Corp (NASDAQ: QMCO) +12.7%.

Updates story to add premarket stock movement.
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