Shares of Quantum Computing Inc. (QUBT) soared 6.34% in pre-market trading on Friday, as investor optimism in the quantum computing sector remains high amid ongoing speculation about potential government involvement in quantum technology companies. The surge comes despite recent statements from the Trump administration dismissing reports of current negotiations for equity stakes in quantum computing firms.
The pre-market rally in QUBT's stock reflects the broader interest in quantum computing as a critical technology for national security and maintaining a competitive edge over countries like China. Investors appear to be betting on the long-term potential of companies like Quantum Computing Inc., despite the current lack of commercial viability in the quantum sector.
While the Trump administration stated that it is not "currently" negotiating equity stakes with quantum computing companies, the carefully worded denial has left room for investor interpretation. Speculation continues about possible future deals or alternative forms of support for the industry. This uncertainty, combined with the strategic importance of quantum technology, has fueled investor enthusiasm for companies in this space, including QUBT. As major tech giants like Google, IBM, Microsoft, and Amazon continue to make significant strides in quantum computing, smaller specialized firms are attracting attention from both investors and potentially government entities.