"This 10-year plan commits $1.5 trillion to finance and bolster industries vital to U.S. national economic security, building on an existing $1 trillion pipeline for facilitation and financing, while adding up to $500 billion through heightened focus and resources. A standout element is up to $10 billion in direct equity and venture capital investments targeted at U.S.-based companies in key areas like supply chains, defense, energy resilience, and frontier technologies - including quantum computing, AI, and cybersecurity."
"The news sparked immediate market reactions among pure-play quantum stocks. Rigetti Computing ( NASDAQ:RGTI) , D-Wave Quantum ( ), and Quantum Computing ( NASDAQ:QUBT ) each climbed sharply, rising between 12% and 25%. While IonQ ( ), also rose on the news, it gave back over five percentage points of those gains after announcing a $2 billion equity offering from Heights Capital Management, which raised dilution concerns."
JPMorgan Chase launched a 10-year Security & Resiliency Initiative committing $1.5 trillion to finance industries tied to U.S. national economic security, adding up to $500 billion to an existing $1 trillion pipeline. The plan allocates up to $10 billion in direct equity and venture investments to U.S.-based firms across supply chains, defense, energy resilience, and frontier technologies including quantum computing, AI, and cybersecurity. The initiative covers 27 sub-sectors, leverages JPMorgan's internal quantum research expertise, and triggered sharp gains in pure-play quantum stocks while IonQ’s subsequent $2 billion offering raised dilution concerns.
Read at 24/7 Wall St.
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