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Track GLOBALFOUNDRIES in real time with a live news feed covering GLOBALFOUNDRIES stock news, official press releases, company announcements, and an archive of historical GLOBALFOUNDRIES news. ...more
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1:27 PM | Friday | May 29, 2026
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Following President Donald Trump's recent announcement of $2.013 billion in federal incentives for quantum companies, Finbold has identified five stocks that stand to benefit the most as of May 29.
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Following President Donald Trump's recent announcement of $2.013 billion in federal incentives for quantum companies, Finbold has identified five stocks that stand to benefit the most as of May 29.
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Everyone's chasing obvious AI semiconductor names. NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) sits at a $5.15 trillion market cap.
Read full articleEveryone's chasing obvious AI semiconductor names. NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) sits at a $5.15 trillion market cap.
Read full articleWhile the U.S. government's recent $2 billion capital injection via the CHIPS and Science Act provides a significant operational runway, the more profound structural shift is happening at the commercial level. The industry has finally crossed the chasm from theoretical lab physics to utility-scale industrial infrastructure, driven by a rapid acceleration in enterprise bookings, the maturation of recurring cloud-based revenue models, and a structural pivot toward high-yield commercial wafer fabrication.
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The Commerce Department signed letters of intent to provide about $2 billion in CHIPS Act funding to nine quantum companies, taking a minority equity stake in each. IBM is in line for the biggest share -- $1 billion toward a new U.S. quantum chip foundry -- and its stock jumped double digits.
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May 2026 has been a rollercoaster month for companies in the quantum computing industry, as leaders like D-Wave Quantum Inc. NYSE: QBTS, IonQ Inc. NYSE: IONQ, and Rigetti Computing NASDAQ: RGTI fell for much of the month, despite some promising Q1 results, before surging sharply toward month-end.
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The government plans to give incentives and make equity investments in nine quantum computing companies. However, it may have missed the best one in IonQ.
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GlobalFoundries stock is getting a big boost from excitement surrounding quantum computing.
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GlobalFoundries NASDAQ: GFS Chief Financial Officer Sam Franklin said the company is positioning itself around data center demand, physical AI, silicon photonics, supply-chain diversification and custom silicon as it looks to expand revenue and margins over the next several years.
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The U.S. Department of Commerce award $2 billion in grants to quantum computing companies. It will award $0 of grants to Quantum Computing Inc.
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Artificial intelligence (AI) might be the talk of the town these days, but quantum computing is the quiet thunder rumbling in the background. It just got much louder with the U.S. White House commiting to roll out a massive $2 billion funding package distributed across nine quantum computing companies.
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Quantum computing stocks jumped on Wednesday after the Trump administration said it will invest $2 billion across nine companies to support the U.S. quantum sup
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