D-Wave Quantum (NYSE:QBTS), which develops and delivers quantum computing systems, software, and services worldwide, closed at $21.52, up 3.41%. The stock advanced after renewed interest in quantum applications tied to Nvidia\u2019s new open source AI models and D-Wave\u2019s CEO comments at the Semafor World Economy conference. Investors will be focusing on whether this attention coincides with revenue growth momentum.
Trading volume reached 84.3 million shares, coming in about 195% higher than its three-month average of 28.6 million shares. D-Wave Quantum IPO’d in 2020 and has grown 112% since going public.<\/p>\n
The S&P 500<\/a> (SNPINDEX:^GSPC) added 0.26% to finish Thursday\u2019s session at 7,041, while the Nasdaq<\/a> Composite (NASDAQINDEX:^IXIC) rose 0.36% to close at 24,103. Among quantum computing peers, IonQ (NYSE:IONQ) closed at $44.68 (+3.31%) and Rigetti Computing (NASDAQ:RGTI) finished at $19.45 (+1.78%), as investors continue rewarding names leveraged to Nvidia-driven quantum AI demand.<\/p>\n Investor spotlight is on quantum computing companies after Nvidia just launched its Ising open model family to deliver advanced AI-based quantum processor calibration and error correction multiple times faster and more accurate than conventional methods.<\/p>\n D-Wave\u2019s trading volume surged as Nvidia helped fuel sector-wide interest while D-Wave\u2019s CEO publicly noted Nvidia’s quantum initiatives and challenged Nvidia\u2019s GPU-AI dominance from quantum technology. Alan Baratz made those comments at the Semafor World Economy summit this week while emphasizing D-Wave\u2019s energy efficiency and rapid revenue growth.<\/p>\n Investors will be watching for that growth after D-Wave\u2019s $550 million acquisition of Quantum Circuits earlier this year.<\/p>\n Before you buy stock in D-Wave Quantum, consider this:<\/p>\n