Why D-Wave Quantum Stock Is Skyrocketing Today
From Nasdaq: 2025-02-19 14:58:09
D-Wave Quantum (QBTS) stock surges 13.6% after Microsoft unveils new quantum-computing chip, leading to a 292.5% increase in share price over the past year. Microsoft’s Majorana 1 chip utilizes unique architecture to control particles, potentially solving complex problems in quantum computing.
Microsoft’s quantum chip breakthrough signals competition in the industry but also paves the way for mainstream commercial use. D-Wave’s recent announcement of a hybrid-quantum application for autonomous agriculture machines, developed with Staque, indicates a move towards product rollouts in the quantum computing field.
Consider investing $1,000 in D-Wave Quantum with caution, as Motley Fool’s Stock Advisor team recommends other stocks for potential higher returns. Stock Advisor offers a blueprint for success with regular analyst updates and high-performing stock picks, outperforming the S&P 500 since 2002.
The Motley Fool has positions in and recommends Microsoft, suggesting potential growth in the quantum computing sector. Always consider all factors before investing in any stock to make informed decisions.
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