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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 after the US government announced a $300 million investment and subsidy package for three major quantum firms.
What Happened
US Government Investment: The US Department of Commerce has finalized a $300 million funding agreement with D-Wave Quantum, Rigetti Computing, and Quantinuum. This strategic move involves the US government acquiring non-voting minority stakes in these companies alongside direct subsidies.
Market Reaction in the US: News of the government's direct equity participation triggered a rally in quantum computing stocks on Wall Street. D-Wave Quantum saw a 6.57% increase, while Rigetti Computing and Quantinuum also posted gains as investors reacted positively to the news.
Impact on Korean Markets: The positive sentiment from the US spilled over into the Korean stock market, leading to a broad rally in local quantum-related stocks. Woori-Ro hit the daily upper limit, while other companies like Woorinet, X-Gate, and Dream Security also experienced significant upward momentum.
Future Outlook: Increased government backing for quantum technology is heightening investor interest in the sector's long-term growth potential. Market participants are now closely watching the pace of commercialization and further policy developments to gauge the sustainability of this rally.