U.S. Government Takes Equity Stakes In D-Wave (QBTS) And Rigetti (RGTI) With $200 Million In CHIPS Act Funding
Both D-Wave Quantum Inc. (NASDAQ: QBTS) and Rigetti Computing Inc. (NASDAQ: RGTI) surged in premarket trading after securing landmark federal investment agreements. D-Wave shares climbed 5.73% premarket while Rigetti jumped 6.78% following the announcement of definitive agreements with the U.S. Department of Commerce. The deals were executed under the authority of the CHIPS and Science…