Key Points
D-Wave Quantum (NYSE: QBTS) surged over 20% on Friday, contributing to a stronger market performance as the S&P 500 and Nasdaq Composite gained 2% and 2.2%, respectively. The rally came after earlier sell-offs in the week and was bolstered by Amazon’s announcement of a $200 billion investment in AI infrastructure for the year.
Despite the significant one-day gain, D-Wave’s share price remains down 53.5% from its all-time high. The company’s current positioning in the quantum-computing market has some analysts speculating about its long-term potential, though the outlook is deemed highly speculative, carrying substantial risks for investors.
