D-Wave Quantum Inc. (QBTS) suffered an 11.8% drop in share prices as investors fear competition from IBM and Google in quantum computing. IBM’s Starling quantum computer aims to outperform current systems by 20,000x by 2029, while Google’s Willow chip can outperform supercomputers in minutes.

D-Wave unveiled Advantage2, a quantum computer system that can tackle problems beyond classical supercomputers. However, Forbes contributor Peter Cohan doubts QBTS’s scalability against IBM and Google’s enterprise market push. Consider other AI stocks for higher returns with limited downside risk.

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Read more at Yahoo Finance: D-Wave Quantum (QBTS) Loses 11.8% as 2 Tech Giants Could Threaten its Competitive Edge