The surge in quantum computing stocks showed no signs of slowing on Monday after JPMorgan Chase revealed plans to include the technology as a key focus in its latest investment initiative.

In a company statement, JPMorgan announced it would allocate up to $10 billion toward companies operating in four main sectors: supply chain and advanced manufacturing, defense and aerospace, energy technology, and frontier or strategic technologies — a category that prominently features quantum computing.

Following the announcement, shares of several quantum computing firms skyrocketed. Arqit Quantum closed the day 20% higher, D-Wave Quantum gained 23%, Rigetti Computing surged 25%, IONQ advanced 16%, and Quantum Computing Inc. rose 12%.

JPMorgan CEO Jamie Dimon emphasized the importance of strengthening domestic innovation and supply chains. “It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products, and manufacturing — all of which are essential for our national security,” Dimon said.

The new initiative forms part of JPMorgan’s broader $1.5 trillion, decade-long “Security and Resiliency Initiative,” designed to finance and invest in industries the bank considers vital to America’s national and economic stability.

Quantum computing is one of 27 strategic subfields highlighted in the program, and its inclusion has triggered a wave of investor optimism. Over the past month alone, shares of Rigetti and D-Wave have climbed by 175% and 130%, respectively, as confidence in the sector continues to build.

Major technology corporations — including Google, Microsoft, and Amazon — have also been expanding their involvement in gate-model quantum computing, a technology capable of addressing problems far beyond the reach of traditional machines.

Rigetti and IONQ’s quantum computers are already integrated with Amazon Braket, a service within Amazon Web Services that provides users access to different quantum computing platforms.

Meanwhile, competition in the hardware space is heating up. Earlier this year, Microsoft introduced its first-ever quantum computing chip, dubbed Majorana 1, while Google unveiled a major advancement with its Willow quantum chip late last year. These breakthroughs highlight the growing race among tech giants to make quantum computing commercially viable — a field now receiving a powerful vote of confidence from one of the world’s largest financial institutions.

JPMorgan’s commitment signals not only an endorsement of the technology’s long-term potential but also a recognition that quantum computing could play a crucial role in shaping the next era of innovation, cybersecurity, and economic resilience in the United States.