Quantum computing stocks are back on the rise. Here's why IONQ, QBTS, RGTI, and QUBT are up
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Quantum computing stocks are back on the rise. Here's why IONQ, QBTS, RGTI, and QUBT are up
"IonQ announced it had made a 'foundational technical milestone' for the industry, stating that it photonically interconnected 'two independent trapped-ion qubits.' This advancement is expected to enhance the capabilities of quantum computing."
"D-Wave's stock price increase was also significant, reflecting investor confidence in its recent developments and the overall growth potential of the quantum computing sector."
On World Quantum Day, stock prices of major quantum computing companies D-Wave, IonQ, Quantum Computing Inc., and Rigetti saw significant increases. D-Wave rose by 15.8%, IonQ by 20.1%, Quantum Computing Inc. by 11.5%, and Rigetti by 11.5%. The upward trend continued into the following day with further gains. The surge was primarily attributed to significant announcements from IonQ and D-Wave, rather than just the day's awareness events.
Read at Fast Company
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