D-Wave Quantum (QBTS) Hits New 52-Week High on AI, Quantum Computing Boom

Group 1 - D-Wave Quantum Inc. (NYSE:QBTS) reached a new all-time high, reflecting investor confidence in the artificial intelligence and quantum computing sectors [1][2] - During intra-day trading, shares of D-Wave Quantum peaked at $27.99, closing up 7.21% at $27.52, driven by optimism in the AI sector, particularly due to Nvidia Corp.'s expansion [2][3] - The company's performance is closely tied to developments from Nvidia, which significantly influence the share prices of other technology stocks [3] Group 2 - Sentiment for D-Wave Quantum was further enhanced by reports of the US government's plans to update its quantum computing strategy, aimed at improving cybersecurity and maintaining US leadership in the sector [4] - D-Wave Quantum rallied alongside other companies in the quantum computing space, such as Rigetti Computing Inc., IonQ Inc., and Quantum Computing Inc., following the news of government initiatives [4]