The new era of quantum computing will happen, IBM says, as it sees nothing fundamentally to stop it.

IBM is breaking into the quantum computing foundry business.

Quantum computing stocks rallied on Thursday after news of a major investment from the White House. Infleqtion, Rigetti, and IBM shares spiked.

IBM Stock: The Trump administration is awarding $2 billion in ​grants to nine ​quantum-computing companies in deals.

The Commerce Department will award over $2 billion in federal incentives to two domestic quantum foundries and seven quantum computing companies.

The US government has awarded IBM $1 billion to help establish the first purpose-built quantum chip fabrication unit in the US. The Trump administration’s investment is being matched by IBM itself and will result in the establishment of a new company called Anderon.

Today, IBM (NYSE: IBM) and the U.S. Department of Commerce (DoC) announced a Letter of Intent (LOI) to build an American quantum chip foundry, securing the nation's global quantum leadership and fueling the country's growing quantum ecosystem.

Online data is generally pretty secure. Assuming everyone is careful with passwords and other protections, you can think of it as being locked in a vault so strong that even all the world’s supercomputers,