“`html
The Defiance Quantum ETF has increased by 41% over the past year, driven by notable gains in quantum computing stocks such as IonQ (up 394%) and both Rigetti Computing and D-Wave Quantum (each up over 1,000%).
As of June 16, Nvidia (NASDAQ: NVDA) is trading at a forward price-to-earnings (P/E) ratio of 33.7, compared to the S&P 500 average of 22. Nvidia’s strategy includes diversifying into quantum computing through its CUDA-Q program, aiming to maintain competitive advantage in the rapidly evolving semiconductor market.
“`
