D-Wave Vice President Sophie Ames Sells $437,000 Worth Of Shares: QBTS Stock Is Trending Overnight

D-Wave Quantum Inc. (NASDAQ: QBTS) shares surged 33.37% in regular trading and 7.81% in after-hours trading following reports of potential CHIPS Act funding for the quantum computing sector. Executive Vice President Sophie Ames sold approximately $437,000 worth of shares (23,025 shares) on May 20 under a pre-arranged trading plan. D-Wave confirmed it signed a Letter of Intent for $100 million in proposed CHIPS and Science Act funding, with the Trump administration planning to award roughly $2 billion to quantum computing companies.