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1,900% Stock Gains and Hate Mail: Welcome to Quantum Investing
Yahoo Financeยท2025-11-08 14:00

Core Insights - The Trump administration prioritizes quantum computing development, with companies like Rigetti Computing Inc and D-Wave Quantum Inc leading the charge despite limited real-world applications and significant cash burn [1][7] - Quantum computing stocks have surged over 1,900% in the past year, outperforming traditional AI stocks, and now boast market capitalizations exceeding $10 billion, despite generating less than 1% of the revenue of established companies [2][3] Company Performance - Rigetti and D-Wave are currently not expected to generate significant revenue for years, yet they remain highly attractive to investors [1][2] - The companies are considered among the best performers in the stock market, significantly outpacing returns from popular AI companies like Palantir Technologies Inc [2] Market Sentiment - The quantum computing sector is characterized by speculative investments, with strong opinions on both sides regarding its future potential [3][4] - Optimists believe breakthroughs in quantum computing could lead to transformative applications, while skeptics warn of a potential bubble driven by unrealistic expectations [4][6] Investment Comparisons - The investment landscape for quantum computing is likened to biotechnology, where investors are willing to endure long wait times for potential breakthroughs, although quantum technology remains largely theoretical [6] - Nvidia's CEO has suggested that significant advancements in quantum computing may be decades away, highlighting the uncertainty in the timeline for practical applications [7] Funding and Valuation - Recent funding rounds, such as Fidelity International's investment in Quantinuum, have valued the startup at $10 billion, indicating strong investor interest in the quantum computing space [7]