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Quantum computing stocks, notably Rigetti Computing (RGTI) and D-Wave Quantum (QBTS), have surged due to heightened investor interest spurred by Alphabet’s previous announcements. Over the past year, RGTI reported sales of $1.7 million, while QBTS recorded $3.1 million in sales for Q2, up 42% year-over-year.
Rigetti has developed the first multi-chip quantum processor and operates quantum computers via its cloud platform, while D-Wave is recognized as the world’s first commercial supplier of quantum systems, servicing companies like Mastercard and Lockheed Martin. Both companies are still in early growth phases, indicating potential volatility for investors.
The momentum in quantum computing is expected to persist as the technology’s capabilities are further harnessed, with significant opportunities for investors ahead.
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