1d

International Business Machines Corp. surged roughly 8.6 percent Thursday, marking its largest single-day gain since January, after IBM and the U.S. Department of Commerce jointly announced a $2 billion initiative to build the nation’s first dedicated quantum chip foundry. The announcement triggered a wave of buying that pushed shares to around $240, well above the […] The post IBM stock rallies 8.6%: inside the ‘$2B quantum foundry’ appeared first on Rolling Out .