05/30/2026
Trump’s administration announced a proposed $1 billion grant to support the company’s new quantum computing venture and just like DELL, IBM is now a direct Trump-backed play. IBM shares jumped 12.4% on Thursday, its best in over a year, and gained another 4.6% in overnight trading, with sentiment flipping to extremely bullish. With IBM getting the lion’s share reportedly around $1 billion of the $2B quantum push, it’s positioned as the next big mover.
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