The overall U.S. stock market is under pressure, but IBM's 3% increase indicates that the market still recognizes government-led hard technology investments.

The three major U.S. stock indices opened lower: the Dow Jones down 0.27%, the S&P down 0.39%, and the Nasdaq down 0.5%. Microsoft rose 1.1%, with reports that Anthropic is in talks to use its AI chips. U.S. rare earths increased by 2.7%, selected for the U.S. Department of Energy's pilot rare earth processing project. IBM rose 3%, set to receive $1 billion in government funding to promote quantum computing. NIO rose 5%, with first-quarter revenue up 112.2% year-over-year.