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In a move reflecting the escalating global technological race, US President Donald Trump signed two executive orders aimed at accelerating the deployment of quantum computing and upgrading national cryptographic systems. According to reports, these orders focus on building a large-scale quantum computer and transitioning to post-quantum cryptography to protect national security against future threats. This initiative aims to maintain US leadership in this critical field and counter increasing investments by international rivals in advanced communication and computing technologies.
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Sign InThese actions come amid intense competition with China, which has allocated massive investments exceeding $15 billion for national quantum programs according to McKinsey research estimates. Investors are closely watching tech giants such as IBM, Google, and Microsoft, which lead innovation in this sector as they seek to secure long-term government contracts linked to cybersecurity and defense infrastructure. Per market data, boosting technological defense spending typically supports software and cybersecurity stocks, which face rising demand as institutions shift toward more complex encryption standards.
Operationally, traders are monitoring the impact of these policies on federal agency budgets in the coming quarter, with a focus on US interest rate stability following the Fed's decision to hold rates at 3.75% on June 17, 2026. Looking at the economic calendar, the market will watch upcoming US retail sales and manufacturing data next week to gauge economic resilience in supporting major tech investments. Support levels for advanced tech firms remain crucial amid ongoing global inflationary pressures.