US to award $2 billion to quantum computing firms, take equity stakes, WSJ reports

May 21 (Reuters) - The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals that include U.S. government equity stakes, the Wall Street Journal reported on Thursday, citing the Commerce Department.

The department has agreed to give $1 billion of the package to IBM, while GlobalFoundries will receive $375 million, according to the report.

The remaining firms, including D-Wave Quantum , Rigetti Computing and Infleqtion, are expected to receive $100 million each, while startup Diraq is slated to receive $38 million, according to WSJ.

Shares of the companies included in the package jumped between 7% and 19% in premarket trading.

The U.S. Department of Commerce, IBM and GlobalFoundries did not immediately respond to Reuters requests for comment.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Vijay Kishore)