D-Wave Stock Jumps Another 11% After Soaring 26% on a New Quantum Computer Launch

Tiger Newspress
21 May

D-Wave Quantum shares jumped another 11% in premarket trading on Wednesday.

Other quantum stocks rallied as well, with shares of Sealsq Corp up 6%, Arqit Quantum up 5%, Quantum Computing up 4%, MicroCloud Hologram up 2%, Rigetti Computing up 1%.

D-Wave Quantum shares surged 25.9% on Tuesday after the company unveiled its newest quantum computer, which it claims is capable of solving problems beyond the capabilities of a classical GPU-based supercomputer.

CEO Alan Baratz said D-Wave’s computer, known as Advantage2, “marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole.”

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