The market reacted strongly to the Trump administration's announcement of a federal investment program of more than $2 billion for quantum computing. IBM, as the main beneficiary, will receive $1 billion to build a quantum chip foundry. Its market capitalization grew by $27 billion, an amount equivalent to the total value of Adidas, reflecting the impact of the CHIPS Act initiative on the sector.
The concrete plans behind IBM's quantum foundry 🔬
The new foundry will focus on manufacturing superconducting and spin qubit chips, using advanced lithography processes and integrated cryogenics. IBM plans to scale its 1,121-qubit architecture (Condor) towards modular systems of more than 4,000 qubits. The subsidy will cover manufacturing equipment, cleanrooms, and error correction software development. The goal is to reduce quantum noise and achieve practical advantages in chemistry and cryptography.
When your quantum PC is worth more than a sneaker brand 👟
While Adidas makes money selling sneakers with three stripes, IBM is rubbing its hands together with a federal check and a stock market surge that doubles the German company's value. Next time you see an ad for expensive shoes, remember: a single IBM quantum chip is worth more today than the entire sportswear factory combined. Sure, it's not good for running yet, but it promises to solve problems that even Usain Bolt wouldn't understand.