Skip to content
All news
General

Quantum Computing Stocks Surge on US Executive Orders

Quantum computing stocks surged on Tuesday, defying the broader tech selloff, after the US President signed two executive orders to fast-track the development of the technology. Shares of Alphabet, IBM, Marvell, and Micron all rose.

June 23, 2026
2 min read
Source: Barrons.com
Share:

Quantum computing stocks rose sharply on Tuesday, bucking the broader tech selloff, after the US President signed two executive orders aimed at accelerating the development of the technology.

Details of the Executive Orders

The two executive orders focus on accelerating quantum computing development. The first aims to boost research and development, while the second focuses on building public-private partnerships to speed up commercialization of quantum applications.

Affected Stocks

The rally included several companies involved in quantum computing:

  • Alphabet (GOOGL, GOOG): Shares rose 2.3%.
  • IBM (IBM): Shares gained 1.8%.
  • Marvell (MRVL): Shares jumped 4.1%.
  • Micron (MU): Shares rose 1.5%.

Context

The gains came as the broader US market declined due to interest rate hike fears. However, the government's focus on quantum computing provided a strong boost to the sector.

What This Means for Investors

The executive orders signal the US government's commitment to supporting quantum computing technologies, potentially creating long-term investment opportunities. However, the technology is still in its early stages, and companies may face challenges in achieving quick financial returns.

Frequently Asked Questions

The US President signed two executive orders to accelerate quantum computing development: one to boost R&D and another to build public-private partnerships.

Found this useful? Share it

Share:
This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.