NasdaqGM:QNTIT
Quantinuum (QNT) After CHIPS Funding Win Still Looks Undervalued On The Bull Case
Quantinuum (QNT) shares are back in focus after the company finalized a US$100 million funding agreement with the U.S. Department of Commerce’s CHIPS R&D Office, aimed at quantum semiconductor research and manufacturing.
Quantinuum’s latest CHIPS funding win lands after a choppy run for the stock, with the share price down 31.66% over the past 30 days and 18.80% year to date. The 1-day share price return of 0.74% hints that selling pressure may be easing as investors digest fresh deals with...