Daily Scoopđ¨: Quantum Computingâs Second Rise 2025, Buy At Dips
D-WAVE QUANTUM QBTS shares have surged 420.3% in the trailing six months compared with the broader Zacks Computer and Technology sectorâs return of 3.7% and Internet - Software industryâs appreciation of 14.2%.
QBTS has outperformed its peers, which includes International Business Machines IBM and Alphabet GOOGL. These companies are also making strong efforts in the quantum computing space.
In late 2024, IBM launched its most advanced quantum computers, while Googleâs Willow quantum chip demonstrated exceptional computational efficiency, solving tasks in minutes that would take supercomputers a much longer time. IBM and GOOGL have gained 26.4% and 2.6% in the trailing six-month period, respectively.
QBTSâ outperformance can be attributed to an expanding clientele and its growing influence in the quantum computing space.
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