Key takeout
D-Wave Quantum (QBTS) shares were on track for a fresh record that concluded on Monday, following last week’s announcement that Quantum Computer had acquired a supercomputer for a special task.
D-Wave said in a press release last Wednesday that it announced the publication of the journal Science, “A Scientific Breakthrough.”
CEO Dr. Alan Baratz calls it “the industry’s first,” claiming D-Wave’s “annealing quantum computers can now solve useful problems beyond the scope of the world’s most powerful supercomputers.”
Since its announcement, D-Wave Quantum stock has almost doubled, increasing 7% to $10.87 today. Quantum Computing (QUBT), a stake in another company in the sector, has also been boosted by the announcement of D-Wave, rising nearly 20% to $8.47 on Monday.
TradingView
