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May 21 (Reuters) - The Trump administration is awarding grants to a handful of companies, including IBM IBM.N, that are focussed on quantum computing in exchange for stakes in some of them.

The investments deepen the Trump administration's push into taking equity stakes in companies considered critical to the domestic supply chain as well as to counter China's dominance in certain sectors, including chipmaking.

The government has already taken big stakes in companies such as Intel and MP Materials MP.N, a rare earth mining company.

IBM will receive $1 billion, while GlobalFoundries GFS.O is set to receive $375 million, the two companies said in separate statements on Thursday.

Others, including D-Wave Quantum QBTS.N, Rigetti Computing RGTI.O and Infleqtion INFQ.N, will receive about $100 million each for a U.S. government stake in the companies.

Shares of companies that are part of the deal rose between 7% and 25% in premarket trading.

The Trump administration is awarding a total of $2 billion in grants to nine quantum-computing companies, the Wall Street Journal reported earlier in the day.

Quantum computers are designed to process information exponentially faster than traditional supercomputers, though the technology still faces major technical hurdles including high error rates that limit their practical performance.

GlobalFoundries launched a new business called Quantum Technology Solutions focused on scaling manufacturing for quantum computing hardware, while the U.S. government agreed to take an equity stake of about 1% in the company.

IBM said it would launch a company called Anderon in New Albany, New York that would be America's first dedicated quantum chip manufacturing facility.

Backed by $1 billion in CHIPS Act incentives from the Commerce Department and a $1 billion cash contribution from IBM, Anderon will operate as a 300-millimeter quantum wafer foundry.

IBM would also contribute intellectual property, assets and workforce to Anderon and will bring in additional investors as the new company scales.

"These strategic quantum technology investments will build on our domestic industry, creating thousands of high-paying American jobs while advancing American quantum capabilities," Commerce Secretary Howard Lutnick said.