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Quantum Computing Stocks Rally in Korea Following US Government Investment News
Electronic Technology · Semiconductors · yonhap_finance · 2026-09-09
203650, 356680
South Korean quantum computing stocks surged as investors reacted to news that the US government is taking equity stakes in major quantum firms.
What Happened
Quantum Stock Surge: South Korean stocks associated with quantum computing are seeing significant gains following reports of direct US government investment in the sector. Shares of companies like Woori-ro have experienced sharp upward movement as market sentiment improves.
US Government Strategy: The US Department of Commerce has finalized a $300 million funding agreement with D-Wave Quantum, Rigetti Computing, and Quantinuum. This deal is notable because it involves the government acquiring non-voting minority equity stakes in these companies.
Market Reaction: The news triggered a positive response in the US stock market, with shares of the involved quantum firms rising overnight. This global momentum has successfully spilled over into the Korean market, fueling buying interest in domestic tech firms.
Domestic Impact: Alongside Woori-ro, other related stocks such as WooriNet, X-Gate, and Dream Security are also trading higher. Investors are closely monitoring these developments as indicators of long-term government support for quantum technology infrastructure.