Investors are weighing fresh CES 2026 plans against rising quantum sector momentum and commercialization hopes, today, Dec. 22, 2025.NYSE : QBTSD-Wave QuantumToday's Change( 20.02 %) $ 5.37Current Price$ 32.19Key Data PointsMarket Cap$9.4BDay's Range$ 27.62 - $ 32.3952wk Range$ 3.74 - $ 46.75Volume63MAvg Vol49MGross Margin82.82 %D-Wave Quantum (QBTS +20.02%), a quantum computing systems and services developer, closed Monday’s session at $32.1, up 19.71%. D-Wave Quantum IPO'd in 2020 and has grown 216% since ...

Industry Overview - The global quantum computing market is in its early stages but is experiencing rapid growth, with revenues projected to reach approximately $1.08 billion in 2026, up from around $0.8 billion in 2025, and long-term forecasts suggest it could reach $16.3 billion by 2030 [1] - Sentiment among technology leaders regarding quantum computing is shifting, with NVIDIA CEO Jensen Huang noting that the sector is approaching an "inflection point," indicating meaningful advancements, albeit on a different adoption curve compared to generative AI [2] Government and Corporate Investment - Significant public and private capital is being directed towards quantum computing, with billions committed by governments in the US, EU, China, and India for research, infrastructure, and workforce development, indicating a strategic long-term focus [4] - The US Department of Energy proposed $2.5 billion in funding for quantum initiatives from 2026 to 2030, while China has allocated around $15 billion for quantum projects [4] - Major corporations like IBM, Google, Microsoft, NVIDIA, and JPMorgan are actively investing in quantum research, with hyperscale cloud providers positioned to monetize quantum services ahead of full fault-tolerant machines [5] Company Performance - IonQ reported a remarkable 222% year-over-year revenue growth and achieved a world-record two-qubit gate performance, indicating strong technological advancement [9] - D-Wave Quantum experienced a 235% year-to-date revenue increase, with significant bookings for its Advantage2 annealing system, reflecting growing commercial demand [9] Future Projections - IonQ is expected to see earnings growth of 65.8% and sales growth of 83.3% in 2026, with a current stock price target suggesting a potential increase of 55.7% [12] - D-Wave is projected to achieve earnings growth of 7% and sales growth of 61.1% in 2026, with a stock price target indicating a possible 44.3% increase [16] Investment Considerations - Investors are advised to differentiate between the long-term potential of quantum technology and the current market hype, favoring diversified exposure through larger technology firms alongside pure-play quantum stocks [10] - Pure-play quantum companies like IonQ and D-Wave may present asymmetric upside but come with higher volatility and execution risks, necessitating a long-term investment mindset [10]

BEIJING, Dec. 22, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, launched a hybrid quantum neural network structure (H-QNN) for image multi-classification. This technology organically integrates the spatial feature extraction capabilities of classical convolutional neural networks (CNN) with the high-dimensional nonlinear mapping features of quantum neural networks (QNN), forming a new type of hy ...

Core Insights - Quantum eMotion Corp. has become the largest single holding of the Defiance Quantum ETF, indicating significant institutional adoption of quantum security technologies [1][3]. Group 1: Company Overview - Quantum eMotion is a Canadian leader in quantum-safe cybersecurity, focusing on Quantum Random Number Generation (QRNG), post-quantum cryptography, and Entropy-as-a-Service solutions [1][6]. - The company aims to meet the increasing demand for affordable security solutions for connected devices, positioning itself as a pioneer in both classical and quantum cybersecurity [6]. Group 2: ETF and Market Position - Following the December 2025 semi-annual rebalancing of the BlueStar Quantum Computing and Machine Learning Index, Quantum eMotion's position in the Defiance Quantum ETF (QTUM) increased to approximately 2.18% of the ETF's portfolio, equating to 18.48 million shares [2]. - QTUM, with over $3 billion in assets under management, is recognized as the world's leading pure-play quantum computing ETF, holding a diversified portfolio of global technology and quantum innovators [2][5]. Group 3: Strategic Implications - The inclusion as the largest holding in QTUM validates Quantum eMotion's strategy and technology, highlighting the growing institutional recognition of quantum cybersecurity as essential for future technologies such as AI, cloud, healthcare, and blockchain [3][4]. - This milestone enhances Quantum eMotion's visibility among U.S. institutional investors and supports its strategic goals, including commercialization acceleration and expanded partnerships [4].

BOSTON, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Zapata Quantum, Inc. (formerly Zapata Computing Holdings, Inc.) (OTC: ZPTA) (“Zapata”, “Zapata Quantum” or the “Company”), a pioneer in quantum computing application and algorithm development, today announced the appointment of three globally recognized leaders in quantum computing to its Scientific Advisory Board (SAB): Dr. Alireza Shabani, Dr. Austin Fowler and Dr. Jeff Grover. “Across the field—whether at industry conferences or in scientific publications—the mes ...

Core Insights - D-Wave Quantum has experienced significant stock volatility, with its share price tripling year to date but also dropping nearly 50% since its peak in October [1][2] - The company's sixth-generation Advantage2 quantum annealing system is a leading product in the quantum computing sector, providing a competitive edge [2][4] Company Overview - D-Wave's Advantage2 system is commercially available through cloud services or on-site installations, designed to enhance decision-making and operational efficiency for businesses [4] - The system is particularly effective for optimization and sampling problems, relevant in logistics, finance, materials science, and AI development [4] Market Position and Growth Potential - Analysts from Jefferies project a 73% compound annual revenue growth for D-Wave for the remainder of the decade, indicating strong future potential [5] - D-Wave has a market capitalization of $9.4 billion, with a gross margin of 82.82%, showcasing its financial health [6] Financial Stability - The company holds over $800 million in cash and has only about $35 million in long-term debt, providing a buffer against slow customer adoption of its technology [6]

Core Insights - Quantum computing stocks are gaining traction on Wall Street, with significant interest from both pure-play companies and major tech firms exploring quantum AI [1][2] - Alphabet has emerged as a key player in the quantum computing landscape, attracting substantial investments from high-profile institutional investors [2][6] Company Investments in Quantum Computing - Google Quantum AI leads Alphabet's quantum computing initiatives, focusing on scalable, error-correcting systems to tackle complex problems beyond current supercomputers [5] - The company has developed the Willow chip and released Cirq, a software toolkit for quantum algorithm research [5] Institutional Investment Trends - Notable investments in Alphabet include Stanley Druckenmiller's Duquesne Family Office acquiring 102,200 shares, Millennium Management increasing its stake by 66% with 1.4 million shares, and Citadel purchasing 1.2 million shares, raising its stake by 200% [6] - Warren Buffett's Berkshire Hathaway added 17.8 million shares worth approximately $4.3 billion to its portfolio during the third quarter [6] Broader AI Integration - Alphabet's business extends beyond internet services, integrating AI across various segments, including Google Search and Android devices, with its large language model, Gemini [7] - Google Cloud is rapidly growing and profitable, competing effectively with AWS and Microsoft Azure, with potential commercialization of custom chips (TPUs) [8][9] Market Position and Valuation - Alphabet's stock has seen significant appreciation, with a current market cap of $3.7 trillion and a forward price-to-earnings ratio of 29, indicating a compelling investment opportunity despite a high valuation [8][14] - The combination of Alphabet's established AI ecosystem and the potential of quantum computing positions the company uniquely in a competitive market [15]

Core Viewpoint - The emergence of quantum computing poses significant risks to current cryptographic systems, particularly those used in blockchain technology, necessitating proactive measures to mitigate these threats [3][8][23]. Quantum Computing Overview - Quantum computing represents a fundamentally different approach to computation compared to traditional semiconductors, with the potential to revolutionize the industry if developed efficiently [2]. - Major players in the semiconductor industry, such as Intel, ASML, and TSMC, dominate the current landscape, but quantum computing is seen as a future advantage for those who can lead in this technology [2]. Risks to Cryptography - Quantum computing has the capability to break widely used cryptographic algorithms, which protect digital assets on blockchains, presenting a significant risk to the security of these assets [3][10]. - The urgency to address these risks is emphasized, as nation-states are investing heavily in quantum computing research, indicating that the threat is imminent [3][23]. Regulatory and Policy Developments - The Quantum Preparedness Act, enacted in 2022, and the approval of quantum-resilient cryptographic standards by the NIST provide a framework for transitioning to more secure cryptographic methods [8][23]. - There is a growing international focus on establishing cryptographic standards, with various countries, including South Korea and China, developing their own frameworks, which will necessitate a flexible approach to cryptography [15][23]. Crypto Agility - The concept of "crypto agility" is introduced, allowing digital asset owners to adapt their cryptographic methods dynamically in response to emerging threats, contrasting with the current static approach [12][16]. - This flexibility is crucial as it enables asset owners to make timely decisions regarding their security measures, thereby enhancing the overall resilience of blockchain technologies [12][17]. Market Dynamics - The market for quantum computing companies has seen significant investment, with some stocks experiencing volatility as investors speculate on the future of this technology [20][21]. - The disparity in funding between private and public quantum research initiatives is noted, with countries like China leading in government investment, which raises concerns about national security implications [22][23].

Group 1: Hedge Fund Activity - Three hedge fund billionaires bought small positions in Rigetti Computing while selling shares of Amazon in the third quarter [1] - All three hedge fund managers outperformed the S&P 500 over the past three years, indicating their investment decisions may be worth noting [2] - Israel Englander sold 787,900 shares of Amazon, Ken Griffin sold 1.6 million shares, and Steven Schonfeld sold 253,700 shares, reducing their positions significantly [9] Group 2: Amazon Overview - Amazon holds a strong position in three industries: the largest online marketplace in North America and Western Europe, the largest retail advertiser globally, and the largest public cloud provider through AWS [4] - The company is leveraging artificial intelligence to enhance sales and efficiency, with its AI shopping assistant expected to generate $10 billion in sales this year [5] - Amazon's revenue increased by 13% to $180 billion in the third quarter, with operating income rising 25% to $21.7 billion, indicating improved profitability [7] Group 3: Rigetti Computing Overview - Rigetti Computing specializes in superconducting quantum computing, with a focus on developing qubits for quantum computers [11] - The company reported revenue of $5 million but a net loss of $198 million year-to-date, indicating significant financial challenges [12] - Rigetti's valuation is extremely high at 860 times sales, with a 71% increase in outstanding shares over the past year due to stock issuance [13] Group 4: Investment Rationale - The hedge fund managers' investment in Rigetti may be driven by momentum, with the potential for quick profits rather than long-term conviction [15] - Rigetti benefits from vertical integration, controlling much of its supply chain, which may provide cost efficiencies [14]

Core Insights - The quantum computing investment landscape has experienced significant volatility, with stocks initially selling off in early 2025 but later showing upward momentum before declining again in October due to reduced market risk appetite [2][16] - IonQ and Rigetti Computing have both seen substantial declines from their October highs, with IonQ down approximately 43% and Rigetti down about 60% [3] - The success of quantum computing stocks in 2026 will largely depend on the market's risk appetite rather than the companies' actual technological advancements [15][16] Company Analysis - IonQ utilizes trapped ion qubits, which offer high fidelity and accuracy, achieving a notable 99.99% two-qubit gate fidelity, significantly surpassing competitors using superconducting qubits [9][7] - Rigetti Computing employs superconducting qubits but has struggled to close the gap with IonQ, facing challenges in securing research contracts that are crucial for long-term viability [11][12] - IonQ's leadership in the trapped ion approach positions it favorably, but it must establish a strong market foothold before competitors potentially catch up in accuracy and speed [10][17] Market Dynamics - The Quantum Benchmarking Initiative by DARPA aims to identify quantum technologies that can operate cost-effectively at a commercial scale, with IonQ selected for Stage B while Rigetti was not [12][14] - The current market for quantum computers is limited, primarily consisting of research contracts, which makes winning these contracts essential for companies like IonQ and Rigetti [11] - The volatility of quantum computing stocks is influenced by broader market conditions, with speculative valuations making them sensitive to shifts in investor sentiment [15][16]