Norway’s sovereign wealth fund has invested in quantum computing, with positions in IonQ, Rigetti Computing, and D-Wave Quantum, signaling broader institutional interest in the industry. IonQ has been making aggressive acquisitions, including the acquisition of Skyloom Global and Seed Innovations, to strengthen its quantum networking capabilities. The headline deal was IonQ’s acquisition of SkyWater Technology, the largest U.S.-based semiconductor foundry, for $1.8 billion, accelerating its quantum roadmap. IonQ aims to dominate the quantum ecosystem and has partnerships with major players like AstraZeneca and government agencies. Analysts are optimistic about IonQ’s future growth potential.

Read more at Barchart: Why Wedbush Thinks Norway Could Be Key for This Quantum Computing Stock — and the Entire Industry