D-Wave Quantum Inc. (QBTS) shares surged after announcing new quantum computing system

From Yahoo Finance: 2025-06-15 11:43:00

D-Wave Quantum Inc. (QBTS) shares surged 22% in May after announcing the availability of their new quantum computing system, Advantage2. The firm reported a 507% revenue growth in their first quarter earnings, leading to a 51% share price jump. Jim Cramer discussed QBTS and its potential as an investment.

Cramer mentioned QBTS in February, highlighting the innovative work being done in quantum computing. While recognizing QBTS’s potential, he emphasized the importance of considering other AI stocks with higher return potential and limited downside risk. For more information on AI stocks, check out the Insider Monkey report.

In a recent article, Jim Cramer discussed quantum computing stocks, including D-Wave Quantum Inc. (QBTS). The company specializes in building and selling quantum computers, with shares up 66% year-to-date despite a 62% drop in January. QBTS continues to be a focus in the tech industry for its advancements in quantum technology.

Read more: Jim Cramer Shares Why It Went Up