In the morning of the 14th, shares of Korea's quantum computer-related stocks are strong. Buying is seen to have piled in after U.S. investment bank (IB) JPMorgan Chase announced a large-scale investment plan in quantum computing and more.
As of 9:27 a.m. on the 14th, Korea Advanced Materials is trading on the KOSDAQ market at 3,690 won, up 200 won (5.73%) from the previous trading day.
Other quantum computer-related stocks grouped together, such as KCS (7.5%), AXGATE (6.89%), and Urilo (2.61%), are also on the rise.
On the 13th (local time), JPMorgan said it will support and invest up to $1.5 trillion (about 2,140 trillion won) over the next 10 years in corporations across four cutting-edge fields, including artificial intelligence (AI) and quantum computing. The move aligns with the Trump U.S. administration's push to modernize infrastructure in areas such as pharmaceuticals, semiconductors, clean energy, and rare earths, and to reduce reliance on foreign supply chains.
Overnight on the U.S. New York stock market, shares of leading quantum computing corporations, including Rigetti Computing (25.02%), D-Wave Quantum (23.02%), and Arqit Quantum (20.09%), surged more than 20% at the close. IonQ (16.19%) and Quantum Computing (12.86%) also posted gains of more than 10%.