US Stock Market Move | Quantum computing concept stocks surged across the board, with Rigetti Computing (RGTI.US) rising nearly 6%.

On Tuesday, U.S. stocks related to quantum computing surged across the board. As of the time of publication, Rigetti Computing (RGTI.US) rose nearly 6%, IonQ (IONQ.US) increased by over 8%, D-Wave Quantum (QBTS.US) and Infleqtion (INFQ.US) both climbed by over 9%, Quantum Computing (QUBT.US) was up over 5%, and Arqit Quantum (ARQQ.US) gained 5%. In news, Rigetti Computing and D-Wave Quantum announced that they have signed a final agreement with the U.S. Department of Commerce to secure $100 million in funding to accelerate research and development projects aimed at addressing critical technological challenges in the scaling and development of superconducting quantum computers.