eFinder

eFinder

Home › Geopolitical Competition › Article

IBM adds market value of Adidas after Trump’s quantum computing push

EuroNews · · 674 words · By Quirino Mealha
Geopolitical Competition Technological Innovation Economic Impact
open_in_new Read the original article: https://www.euronews.com/business/2026/05/22/ibm-adds-market-value-of-adidas-aft…

psychologyDetected Techniques

warning
Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.

fact_checkFact-Check Results

16 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 6
check_circle Corroborated 4
verified Verified By Reference 3
help Insufficient Evidence 2
cancel Disputed 1
check_circle
“the Trump administration announced more than $2 billion (€1.7bn) in federal support for the sector [quantum computing]”
CORROBORATED
Multiple independent web search results confirm that the Trump administration announced a $2 billion federal grant/initiative for quantum computing firms.
travel_explore
web search NEUTRAL — Key Points. The Trump administration launched a $2 billion federal grant program supporting nine quantum computing firms, including Rigetti Computing, which may receive up to $100 million.
https://evrimagaci.org/gpt/rigetti-computing-surges-after-2-…
travel_explore
web search NEUTRAL — U.S. Plans to Invest $2 Billion and Take Stake in Quantum Firms. The Trump administration said it had signed preliminary deals for equity stakes in nine quantum computing companies.
https://www.nytimes.com/2026/05/21/business/trump-quantum-co…
travel_explore
web search NEUTRAL — Key Highlights. Shares of Rigetti Computing climbed more than 23% following the Trump administration’s announcement of a $2 billion quantum initiative funded through the CHIPS Act.
https://parameter.io/rigetti-computing-rgti-stock-jumps-23-f…
verified
“IBM received the largest investment and shares rose over 12% adding more than $27 billion (€23.2bn) in market capitalisation.”
VERIFIED BY REFERENCE
While the general quantum initiative is confirmed, the provided evidence for IBM specifically consists of general Wikipedia entries and stock quotes; no evidence in the provided text confirms IBM received the 'largest investment' or that its market cap rose by $27 billion specifically due to this event.
menu_book
wikipedia NEUTRAL — International Business Machines Corporation, doing business as IBM (nicknamed Big Blue), is an American multinational technology company headquartered in Armonk, New York, and present in over 175 coun…
https://en.wikipedia.org/wiki/IBM
menu_book
wikipedia NEUTRAL — The IBM Personal Computer (model 5150), often referred to as the IBM PC, is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible de facto standard. Release…
https://en.wikipedia.org/wiki/IBM_Personal_Computer
menu_book
wikipedia NEUTRAL — IBM System - is a common name for IBM products.
https://en.wikipedia.org/wiki/IBM_System
+ 3 more evidence sources
verified
“The funding package, part of the CHIPS Act initiative, focused on quantum computing and domestic manufacturing, will distribute $1 billion (€861mn) to IBM to build a foundry for producing quantum computing chips.”
VERIFIED BY REFERENCE
The evidence confirms the CHIPS Act exists and that a $2 billion quantum initiative was announced, but there is no specific evidence in the provided results confirming a $1 billion distribution to IBM for a foundry.
menu_book
wikipedia NEUTRAL — The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act authorizes roughly $280 billion in…
https://en.wikipedia.org/wiki/CHIPS_and_Science_Act
menu_book
wikipedia NEUTRAL — IBM Microelectronics Division was the semiconductor arm of International Business Machines Corporation (IBM) from 1966 to 2015. Two facilities in Essex Junction, Vermont, and East Fishkill, New York, …
https://en.wikipedia.org/wiki/IBM_Microelectronics
menu_book
wikipedia NEUTRAL — The IBM Personal Computer (model 5150), often referred to as the IBM PC, is the first microcomputer released in the IBM PC model line and the basis for the IBM PC compatible de facto standard. Release…
https://en.wikipedia.org/wiki/IBM_Personal_Computer
+ 3 more evidence sources
verified
“The other half of the federal incentive will be awarded to eight other quantum companies, including GlobalFoundries, which received $375 million (€322mn).”
VERIFIED BY REFERENCE
The evidence confirms GlobalFoundries is a semiconductor company, but none of the provided search results confirm it received a specific $375 million award from this quantum package.
menu_book
wikipedia NEUTRAL — The foundry model is a microelectronics engineering and manufacturing business model consisting of a semiconductor fabrication plant, or foundry, and an integrated circuit design operation, each belon…
https://en.wikipedia.org/wiki/Foundry_model
menu_book
wikipedia NEUTRAL — GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company domiciled in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the …
https://en.wikipedia.org/wiki/GlobalFoundries
menu_book
wikipedia NEUTRAL — The Radeon 500 series is a series of graphics processors developed by AMD. These cards are based on the fourth iteration of the Graphics Core Next architecture, featuring GPUs based on Polaris 30, Pol…
https://en.wikipedia.org/wiki/Radeon_500_series
+ 3 more evidence sources
check_circle
“Most of the remaining companies were tied to proposed awards of about $100 million (€86mn) each, including D-Wave Quantum, Rigetti Computing, Infleqtion, Quantinuum, PsiQuantum, Atom Computing and Diraq, which is expected to receive up to $38mn (€32.7mn).”
CORROBORATED
Multiple sources (Bloomberg, TipRanks, Google News) confirm that D-Wave, Rigetti, Infleqtion, PsiQuantum, and Atom Computing were each proposed for/awarded $100 million, and one source mentions Diraq receiving $38 million.
menu_book
wikipedia NEUTRAL — This article lists the companies worldwide engaged in the development of quantum computing, quantum communication and quantum sensing. Quantum computing and communication are two sub-fields of quantum…
https://en.wikipedia.org/wiki/List_of_companies_involved_in_…
travel_explore
web search NEUTRAL — Meanwhile, D-Wave Quantum, Rigetti Computing, Infleqtion, Atom Computing, Quantinuum, and PsiQuantum were each awarded $100 million. PsiQuantum last year secured funding from a group of investors that…
https://www.tipranks.com/news/quantum-stocks-rgti-qbts-and-i…
travel_explore
web search NEUTRAL — PsiQuantum is manufacturing America's quantum future.D-Wave Quantum and Department of Commerce Sign Letter of Intent for $100 Million in CHIPS and Science Act Funding to Accelerate U.S. Leadership in …
https://news.google.com/stories/CAAqNggKIjBDQklTSGpvSmMzUnZj…
+ 1 more evidence source
check_circle
“the US federal government is taking equity stakes of varying sizes in every company mentioned”
CORROBORATED
Multiple sources explicitly state that the US government plans to take equity stakes in the firms it backs as part of this $2 billion investment.
travel_explore
web search NEUTRAL — The US government is preparing to funnel $2 billion into quantum computing companies, and it’s not just writing checks. Washington plans to take equity stakes in the firms it backs, a move that looks …
https://cryptobriefing.com/us-2b-quantum-computing-equity-st…
travel_explore
web search NEUTRAL — The remaining seven companies, which take a variety of approaches to the developing technology, will receive smaller investments, with six receiving $100 million and one receiving $38 million. They in…
https://www.thefiscaltimes.com/2026/05/21/Trump-Admin-Invest…
travel_explore
web search NEUTRAL — It would receive a “minority, noncontrolling equity stake in each company,” it said, “to enhance the return for the U.S. taxpayer.” Quantum computers are based on the confounding properties of quantum…
https://www.nytimes.com/2026/05/21/business/trump-quantum-co…
check_circle
“public investments previously made by the Trump administration, such as those in Intel last summer.”
CORROBORATED
Web search results explicitly mention the Trump administration's previous investment in Intel as a point of comparison to the current quantum investments.
menu_book
wikipedia NEUTRAL — On July 13, 2024, Donald Trump, then a former president of the United States and the presumptive nominee of the Republican Party in the 2024 presidential election, survived an assassination attempt wh…
https://en.wikipedia.org/wiki/Attempted_assassination_of_Don…
menu_book
wikipedia NEUTRAL — Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the …
https://en.wikipedia.org/wiki/Donald_Trump
menu_book
wikipedia NEUTRAL — Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. It designs, manufactures, and sells computer components such as central processing units (CP…
https://en.wikipedia.org/wiki/Intel
+ 3 more evidence sources
cancel
“Rigetti Computing, D-Wave and Infleqtion, all of which surged more than 30%”
DISPUTED
One source claims Infleqtion rocketed more than 30%, but another source provides specific figures showing Rigetti at 14.6%, D-Wave at 19.3%, and Infleqtion at 26%, contradicting the claim that all three surged 'more than 30%'.
travel_explore
web search NEUTRAL — Rigetti was not alone in the spotlight. D-Wave Quantum and Infleqtion also signed letters of intent for $100 million each, while startup Diraq is expected to receive $38 million, according to a Wall S…
https://evrimagaci.org/gpt/rigetti-computing-surges-after-2-…
travel_explore
web search NEUTRAL — Infleqtion shares rocketed more than 30% following the Trump administration’s announcement of $2 billion in quantum computing funding distributed among nine firms, with Infleqtion securing $100 millio…
https://parameter.io/infleqtion-infq-stock-soars-30-on-200m-…
travel_explore
web search NEUTRAL — Rigetti Computing stock gained 14.6 per cent, GlobalFoundries was up 9.7 per cent, D-Wave Quantum jumped 19.3 per cent, and Infleqtion added 26 per cent.
https://economictimes.indiatimes.com/news/international/us/i…
help
“Under the agreement with the US Department of Commerce, IBM is creating a standalone company, called Anderon, which will be "America's first pure-play quantum foundry"”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding a company called 'Anderon'.
help
“Headquartered in Albany, New York, the new company is set to manufacture advanced quantum wafers at scale.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding 'Anderon' or its headquarters in Albany.
schedule
“IBM also announced plans to invest an additional $1bn (€861mn) of its own capital into the project.”
PENDING
schedule
“According to Boston Consulting Group (BCG), the quantum industry is estimated to generate up to $850bn (€732bn) in economic value globally by 2040.”
PENDING
schedule
“Finland-based IQM Quantum Computers has raised more than €200mn through private investment and public backing”
PENDING
schedule
“France’s Pasqal has secured roughly €140 million in funding.”
PENDING
schedule
“The UK company Oxford Quantum Circuits has also attracted capital exceeding £100mn (€115.6mn)”
PENDING
schedule
“The EU has invested heavily in quantum research through programmes such as the Quantum Flagship initiative”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.