# CHIPS and Science Act

Type: legislation

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/chips-and-science-act
Canonical HTML page: https://getfinancebrief.com/entity/chips-and-science-act

## Timeline

- **2026-06-23**: Market Reaction: D-Wave Stock Jumps — D-Wave Quantum closes at $25.03, up 2.29%, with volume 36% above average, while broader markets fall sharply. Peers IonQ and Rigetti decline, underscoring D-Wave's specific benefit from the executive orders.
- **2026-06-22**: Trump Signs Quantum Executive Orders — President Trump signs two executive orders to accelerate U.S. quantum computing adoption and quantum-resistant encryption; targets a scientific quantum computer at a national lab by 2028, two years ahead of industry estimates.
- **2026-05-23**: CHIPS Act Grant Announcement — The Department of Commerce announces plans for a $100 million grant to D-Wave under the CHIPS and Science Act, with D-Wave issuing $100 million in common stock to the Commerce Department in exchange.
- **2020-08**: D-Wave Quantum IPO — D-Wave Quantum goes public; stock has appreciated 146% since the initial public offering.

## Recent coverage (1 stories)

### D-Wave Quantum Outperforms with 2.3% Gain as S&P 500 Falls 1.4% After Trump's Quantum Push
2026-06-24 11:11:23 · Sentiment: Bullish · Impact: 6/10 · Sources: 2

On a day when the S&P 500 dropped 1.44%, D-Wave Quantum rose 2.29% following President Trump’s executive orders and the earlier $100 million CHIPS Act grant. For investors, the moves put a spotlight on quantum computing’s potential, even as dilution and commercialization risks loom.
Full story: https://getfinancebrief.com/story/d-wave-quantum-stock-gain-chips-grant-trump

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