PANews reported on October 23rd that quantum computing stocks generally rose in pre-market trading in the US stock market. IONQ (IONQ.N) rose 13%, RIGETTI (RGTI.O) rose 12%, DWAVE (QBTS.N) rose 16%, and Quantum Computing (QUBT.O) rose 13%.
Earlier reports said that the Trump administration is negotiating with companies such as IonQ, Rigetti Computing, and D-Wave Quantum to cooperate in exchanging equity for federal funds. Deputy Secretary of Commerce Paul Dabbar is leading the negotiations, and Quantum Computing Inc. and Atom Computing are also considering similar arrangements.
Separately, Google announced that its Willow quantum chip completed a calculation simulating quantum chaos in just two hours, compared to a classical supercomputer requiring much longer. This achievement was verified by measuring OTOCs. Researchers say this advances quantum computing in practical applications such as Hamiltonian learning and may rekindle the debate over the threat to Bitcoin.
According to other news, Tesla (TSLA.O) fell 3.3% in pre-market trading as the company's third-quarter profits fell sharply.