Government is buying tech stocks directly now. What is going on?

We are seeing a wild shift in the market. The government isn't just giving out research grants anymore. Instead, they are taking direct equity stakes in tech companies. A new investor report shows that the federal government recently bought shares in several firms under the CHIPS Act. They put a massive $1 billion into IBM for wafer manufacturing. But they also put $100 million each into smaller, pure-play quantum computing stocks. This cash injection caused stocks like IonQ, Rigetti, and D-Wave