Quantum computing stocks are back in the news. Because the Commerce Department confirmed Thursday that it plans to award $2 billion in grants to nine companies to boost the growth of the domestic quantum industry. Both Rigetti () and dview () has signed letters of intent with the government for $100 million in funding under the 2022 Chips and Science Act, which aims to promote research in emerging technologies. Under the terms of the deal, D-Wave will issue $100 million in common stock to the Commerce Department, so the federal government will have a vested interest in its potential success.

Nvidia () announced that its first-quarter revenue rose 85% to $81.6 billion, compared to $44.1 billion in the same quarter a year ago. The analyst community was expecting revenue of $78.9 billion and operating income of $1.75 per share, so Nvidia posted a 3.4% revenue surprise and a 6.9% earnings surprise. More importantly, the company raised its second-quarter revenue guidance to $91 billion.That was above analysts’ consensus estimate of $87.3 billion.

“The construction of AI factories – the largest expansion of infrastructure in human history – is accelerating at an unprecedented pace,” said Jensen Huang, CEO of Nvidia. Nvidia now represents about 16% of US GDP and could rise to 20% as the AI ​​revolution continues.. There are many great technology monopolies that we can invest in, such as Google and Nvidia, which ensure that we continue to achieve great investment success.

Due to the fact that it will take three years to fulfill the current data center order backlog, I expect the excellent sales and earnings momentum to continue through 2027..

The recent revelation that President Trump owns a lot of stocks related to AI and data centers. We are in the midst of a large TACO trade and he will do everything in his power to increase these stocks. President Trump is now emphasizing American dominance, and his visit to China helped seal business deals for several American companies.