Domestic stocks soar on news of U.S. government investment in quantum computer companies

(Seoul = Yonhap News) Reporter Lee Min-young = As related stocks rose on the New York Stock Exchange last night on the news of the U.S. government's investment in quantum computer companies, quantum computer stocks are also rising on the domestic stock market on the 9th.

As of 9:34 a.m. on this day, Wooriro, which is classified as a quantum computer-related stock, is trading at 6,420 won, up 26.88% from the previous day.

At one point during the day, it soared 29.84%, reaching the upper limit of 6,570 won.

At the same time, Woori Net is also trading at 8,270 won, up 13.13%, and Xgate [356680] (3.79%) and Dream Security [203650] (2.46%) are also strong.

It appears that the buying trend was stimulated by the rise in quantum computing stocks on the New York Stock Exchange last night following the news of the U.S. government's equity investment.

News broke that the U.S. Department of Commerce signed a final contract for subsidy support worth a total of $300 million with three leading quantum computer companies, including D-Wave Quantum, Ligeti Computing, and Quantinum.

It is reported that this funding goes beyond simple subsidies and is carried out on the condition that the U.S. government directly acquires a non-voting minority stake in each company.

Accordingly, D-Wave Quantum rose 6.57%, and Ligeti Computing (4.01%) and Quantinum (1.65%) also rose.