Quantum Computing Stocks, AI Infrastructure Plays Tumble As Major Indexes Rally

Core Insights - D-Wave Quantum announced a warrant redemption that will lead to approximately 2% dilution for existing shareholders [1] - D-Wave's stock fell 10.3% to close at $34.39, while IonQ and Rigetti Computing also experienced declines of 4.7% and 6.6% respectively [2] - In 2025, D-Wave shares have increased by 301%, IonQ by 41%, Rigetti by 176%, and Quantum Computing by 5% [4] Market Performance - The Nasdaq composite rose by 1.5% on the same day that quantum computing stocks fell [3] - Major AI infrastructure companies, including CoreWeave and Nebius, also saw declines in their stock prices [3] Industry Developments - IonQ is planning to raise $2 billion through a new equity offering and has been actively acquiring other companies [4] - The volatility in quantum computing stocks in 2025 is partly due to comments from Nvidia CEO Jensen Huang regarding the timeline for commercially viable quantum technology [6] - Speculation about potential new U.S. quantum technology initiatives under the Trump administration may be contributing to the rise in quantum computing stocks [6]