D-Wave Stock Surges on $100M Federal Funding and U.S. Government Equity Stake
First Detected: Jun 2, 2026, 3:52 AM
Last Update: 3 months ago
2 articles·1 stories
Event Summary
On June 2, the Trump administration signed a Letter of Intent to invest $100 million in D-Wave under the CHIPS Act. As a condition of this funding, the U.S. Department of Commerce will receive an equity stake in the company.
