Why Shares of D-Wave Quantum Are Skyrocketing This Week
From Nasdaq.: 2025-05-22 13:34:00
Shares of D-Wave Quantum (NYSE: QBTS) have surged 52% since last Friday, with the launch of its sixth-generation Advantage2 quantum computing system. The new system is available in 40 countries and features over 1,200 qubits with a goal to reach 7,000 qubits. Analysts at JPMorgan Chase praised D-Wave’s progress, stating it offers significant speedups over classical supercomputers.
D-Wave’s CEO lauded the system’s power, capable of solving complex problems beyond traditional supercomputers. While quantum computing is a challenging industry for investors, D-Wave’s technology seems poised for success. The company reported smaller losses and revenue growth in the first quarter, making it a speculative but promising investment opportunity.
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