In 2024, quantum computing stocks saw dramatic increases, with companies like Quantum Computing and Rigetti Computing rising over 1,000%. Investor enthusiasm was fueled by revenue growth and scientific advancements in quantum technology, which promises to solve complex problems much faster than traditional computers.
Despite recent concerns over potential import tariffs under President Donald Trump, optimism is returning due to favorable trade talks and continued corporate investment in technology. Notably, Rigetti and IonQ have seen year-to-date declines of 25% and 5%, respectively, presenting potential recovery opportunities in the second half of the year. Additionally, D-Wave Quantum stock, having risen over 80%, reported a 500% increase in revenue last quarter, hitting a record $15 million.
