D-Wave Quantum shares remain in focus after surging 19% to a fresh record high yesterday following the company’s inaugural Qubits Japan 2025 quantum computing user conference. Monitor these critical chart levels. https://t.co/2Iq7BDAFls ...

Investors who lived through the internet boom of the nineties and the early 2000s keep asking the same quiet question. Is artificial intelligence (AI) just another hype cycle, or is it the kind of once-in-a-generation reset that creates fortunes? The market's own behavior this year offers a clue. Software stocks have done tremendously well, especially those involved in AI. For example, Oracle (ORCL) has been known as a "legacy" company for a long time. The stock has done well in the 2010s and early in the ...

Today in Bloomberg: M&A predictions from Barclays' Andrew Woeber, Mediobanca rejects Monte Paschi and Nvidia bets on quantum computing https://t.co/irRlFfY7ck ...

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RT BSCN (@BSCNews)🔐 KASPA TO BECOME QUANTUM-RESISTANT?! This @kaspaunchained developer has proposed a wallet-upgrade that could future-proof the $KAS ecosystem against the dangers of quantum computing... You won't want to miss this ⬇️https://t.co/L5k87dxAuS ...

Collaboration - IBM and Advanced Micro Devices are collaborating to develop "quantum-centric supercomputing" [1] Technology - The collaboration focuses on quantum computing and supercomputing technologies [1]

Quantum Computing - Quantum computing is considered a call option on the future of technology and computing, with increasing commercialization and advancements in material science, drug discovery, aerospace, and defense [2][3] - The US, China, and Europe are in a race in quantum computing, with increased capital expenditure (capex) in the space, exemplified by the collaboration between IBM and AMD [3] Market and Investment Strategy - Investors should monitor the Federal Reserve's (Fed) rate cut path for potential market impact; any changes in timing or quantity of cuts could pull the market back [5] - Mega-cap tech stocks are already widely held in investor portfolios, and new themes like AI power and infrastructure, and modern warfare offer new investment opportunities [11][12][14][15] Earnings and Technology Trends - S&P earnings were up 10% year-over-year, and NASDAQ earnings were up over 30% year-over-year, with mega-caps leading the growth, driven by capex in areas like AI [8] - Nvidia is central to the AI trade, and its performance is expected to impact hyperscalers, cybersecurity, AI chips, data centers, and cloud computing; expectations include over 50% revenue growth and close to 50% EPS growth [8] Modern Warfare - Modern warfare, including drones and satellites, presents investment opportunities, supported by government spending, with the last aerospace and defense contract being approximately $850 billion [14][15]

Financial Data and Key Metrics Changes - The company achieved record sales exceeding $11,000,000 in Q2 2025, surpassing total sales for the entire fiscal year 2024 [5] - Gross profit margins decreased by 17% due to front-loaded investments and one-time costs associated with supply chain activation [5][6] - As of June 30, 2025, cash and cash equivalents were $16,423,000, with working capital of $16,163,000 and zero long-term debt [6] Business Line Data and Key Metrics Changes - The company has a healthy inventory position of over $7,000,000 and a current backlog of approximately $15,000,000 [6][15] - Multiple purchase orders have been received, partially funding previously announced Letters of Intent (LOIs) with prominent ORAN 5G players [7] Market Data and Key Metrics Changes - The ORAN 5G infrastructure market is projected to grow at 33.4%, reaching over $42,000,000,000 globally by February 2030 [9] - Quantum computing hardware is expected to grow at a combined annual growth rate (CAGR) of 37.3%, exceeding $9,000,000,000 by February 2032 [9] - Satellite and high-speed connectivity equipment is estimated to grow at a 12% CAGR through February 2030, driven by LEO networks and rural broadband demand [9] Company Strategy and Development Direction - The company is focused on four key areas: open RAN, ORAN 5G networks, quantum computing, and satellite terrestrial high-speed connectivity, all expected to see high growth [8] - The strategy involves aggressive investment to secure long-term positions within critical next-generation infrastructure rollouts [8][10] - The company aims to leverage increasing demand for secure domestically manufactured communications equipment, positioning itself as a trusted alternative to foreign suppliers [10] Management's Comments on Operating Environment and Future Outlook - Management anticipates revenue growth exceeding 100% year-over-year in fiscal year 2025, driven by public and private 5G orders [13] - Gross margins are expected to improve beginning in Q3 2025 as production costs normalize and one-time costs are reduced [14] - Positive cash flow from operations and projected profitability are anticipated in fiscal year 2026, assuming current order pace and margin recovery continue [14] Other Important Information - The company maintains a strong cash management discipline and does not anticipate raising capital under unfavorable market conditions [14] - The company has a good backlog of about $15,000,000 and expects additional orders to continue funding its LOIs [15] Q&A Session Summary Question: Update on second tier one orders and feedback - The company has already received orders from the second tier one, with LOIs valued at $17,000,000 and $40,000,000, and additional orders are expected [18][19] Question: Visibility on 2026 production - The company has periodic meetings with both organizations and is able to energize the supply chain based on customer forecasts [21] Question: Pipeline with other operators - The company is seeing interest from other large MNOs transitioning to 5G ORAN technology, with expectations for a good response next year [24] Question: Quantum computing revenue expectations - The quantum computing business is not yet at a production phase, but the company has delivered products showing performance [25][26] Question: Update on space division and backlog - The satellite business is expected to ramp up next year as LEO applications are built out [29] Question: Inventory and manufacturing strategy - The company is building to forecast and has a manageable inventory level to satisfy upcoming purchase orders [59]

China is by far investing more in quantum than any other country. They're leading at about 17 billion. If we take Europe, the EU, all those countries together, it's about 11 billion and the US is at about 5 billion.So, we are behind China significantly. In fact, all the countries in the world are well behind China. So it's important for the US to really start focusing on a better strategy for quantum and really to up that investment.There are a number of different approaches to developing quantum computers. ...