IBM shares rose sharply after the Trump administration announced a $2 billion investment program for quantum computing, including $1 billion for IBM to build a foundry. The CHIPS Act initiative aims to enhance US leadership in quantum technology, with other companies like GlobalFoundries and D-Wave also receiving funding. IBM is creating a new company, Anderon, to manufacture quantum wafers. The quantum industry is projected to generate significant economic value by 2040, but concerns about encryption and competition with Europe and China remain.