Quantum industry concept stocks surged collectively. On May 21 local time, the U.S. government announced it would provide $2 billion in funding to nine quantum computing companies in exchange for equity stakes. The U.S. Department of Commerce has agreed to grant $1 billion of this funding to IBM, which simultaneously stated it would invest an additional $1 billion of its own capital to establish the first dedicated quantum computing chip manufacturing facility. Other companies receiving funding include GlobalFoundries, D-Wave Quantum, Rigetti Computing, and Infleqtion. The market views this as part of the ongoing strategic push by the administration to acquire stakes in technology and industrial manufacturing firms.
Following the opening of U.S. markets on Thursday, quantum computing concept stocks soared. IBM's stock price rose over 4.6%, while GlobalFoundries' stock also surged significantly, climbing approximately 12% at the open. D-Wave Quantum jumped 33.54%, Rigetti increased by 28%, and Infleqtion skyrocketed 42%.
In the domestic market, on May 22, quantum industry chain concept stocks experienced a collective breakout. Guodun Quantum (688027.SH) and Keda Guochuang (300520.SZ) rose over 10%, Shenzhou Information (000555.SZ) gained more than 7%, while Sifangda (300179.SZ) and Huanghe Xuanfeng (600172.SH) hit their daily limit-up. Huifeng Diamond (920725.BJ) advanced over 10%.
The fervent market sentiment reflects a global consensus on the strategic value of quantum computing. Against the backdrop of growing computational power demands, quantum computing leverages properties like quantum superposition to achieve processing speeds for specific problems far exceeding those of conventional computers. Academician Guo Guangcan of the Chinese Academy of Sciences vividly illustrated that the gap between a quantum computer's ability to handle specific data and an electronic computer is akin to the difference between an electronic computer and an abacus.
At the 2026 Intelligent Quantum Summit, Liu Qingfeng, Chairman of iFlytek, stated that for the next decade of AI development, both the scientific and industrial communities must seek new developmental pathways, and quantum computing might be one of the answers.
Currently, multiple countries and regions worldwide are accelerating their strategic deployments in the quantum computing field, with China having achieved a series of significant breakthroughs. On May 14, it was reported that a research team led by Academician Pan Jianwei successfully developed the programmable quantum computing prototype "Jiuzhang-4." Its computational power for specific problems far surpasses that of the world's current fastest supercomputer, El Capitan, successfully establishing the strongest international "quantum computational advantage." Related findings were published in the international academic journal *Nature*. In the same month, the Anhui Provincial Key Laboratory of Quantum Computing Chips announced that China's fourth-generation independently developed superconducting quantum computer "Origin Wukong-180" officially went online and began accepting global quantum computing tasks.
As the quantum computing industry enters its early commercialization phase, market investment and financing are highly active. According to IT桔子 data, as of April 2026, 92 companies have been tracked in China's quantum computing sector. The combined valuation of the top 10 highest-valued enterprises exceeds 49 billion yuan, constituting the absolute majority of the industry's total valuation.
According to the "Quantum Computing Development Trend Research Report" released by the China Academy of Information and Communications Technology in September 2025, China's quantum computing industry is currently taking initial shape. Domestic startups such as Huayi Quantum, Bose Quantum, Turing Quantum, and Zhongke Kuyuan received various rounds and amounts of investment and financing last year. However, in terms of market profitability, the vast majority of quantum computing startups are currently in a loss-making state, with R&D expenditures far exceeding revenue.
In areas such as fintech, medical data, and the power industry, China's quantum computers have undertaken some pilot projects. However, existing practices have not yet truly demonstrated breakthroughs in exponential acceleration or quantum advantage for quantum computing, highlighting an urgent need for further exploration in practical application and conversion.
