Does the quantum computing stock deserve its recent run-up?Shares of D-Wave Quantum (QBTS 14.89%) are jumping on Wednesday, up 10.5% as of 2:50 p.m. ET. The rise comes as the S&P 500 and Nasdaq Composite gained 0.7% and 0.5%, respectively.D-Wave, a company developing quantum computing technology, is riding momentum in the broader quantum market as its stock receives a price target upgrade from a Wall Street analyst.This analyst is bullishAn analyst at the investment bank B. Riley Financial increased their p ...

Léonne is the first framework to unify trust modeling, network analysis, and quantum-resistant cryptography into a single, modular, and production-ready system. Léonne facilitates the scalability, security, and decentralization trade-offs inherent in existing models like Proof-of-Work and Proof-of-Stake. Introduces a trust-based, topologically structured consensus model, leveraging advanced mathematics and quantum technologies to enable efficient, secure, and decentralized network partitioning at scale. De ...

Core Viewpoint - The article highlights the recent funding round of Shenzhen Liangxuan Technology Co., Ltd., which raised several hundred million yuan to enhance its technology and global expansion efforts, focusing on quantum computing as a key area for future growth [4][5]. Company Overview - Liangxuan Technology was established in 2018, with a core team from prestigious institutions such as Harvard University and Tsinghua University. The founder, Xiang Jingen, holds degrees from Tsinghua University and Harvard University [4]. - The company operates on a dual-driven model of technological research and commercial application, leveraging educational and industrial-grade quantum computing technologies [4][5]. Market Position and Products - Liangxuan Technology has developed a range of products, including the world's first desktop nuclear magnetic quantum computer, "Liangxuan Gemini," which is characterized by its compact size and high stability. The company has provided quantum education products to over 200 educational institutions globally [5][9]. - The company has also launched a self-developed superconducting chip, "Shaowei," which has achieved significant milestones, including the first export of a Chinese superconducting chip to the Middle East [7][9]. Financial Performance - The company anticipates a doubling of revenue this year, projecting to exceed 50 million yuan, driven by a significant increase in orders and customer deliveries [9]. Future Directions - Liangxuan Technology aims to advance in three key areas: enhancing the performance of superconducting quantum computers, deepening applications in finance and biomedicine, and expanding its international market presence [10]. - The company is also focusing on quantum error correction and fault-tolerant quantum computing as essential future directions [9][10]. Investment Insights - Investors, including national strategic emerging industry funds, recognize Liangxuan Technology's capabilities in autonomous research and development in the superconducting quantum chip sector, highlighting its potential in global competition [11][12]. - The company is seen as a model for integrating technology research with commercial viability, which is crucial for the development of the regional technology industry [11][12].

Core Insights - Quantum Computing (QUBT) stock has surged by 180%, indicating significant market interest and speculation surrounding the company [1] - Despite the stock price increase, the company reported only $39,000 in sales, raising questions about its valuation and sustainability [1] - The current situation presents a high-risk, high-reward scenario for investors, with potential for both substantial gains and losses [1] Company Overview - QUBT is positioned within the quantum computing sector, which is currently experiencing heightened attention from investors and analysts [1] - The stock's recent performance has led to discussions about whether it represents a genuine investment opportunity or a speculative bubble [1] Market Sentiment - The dramatic price movement has generated buzz on Wall Street, reflecting a mix of excitement and caution among investors [1] - Analysts are closely monitoring the stock to assess its future trajectory and the underlying factors driving its volatility [1]

Company Overview - Rigetti Computing, Inc. is a pioneer in hybrid quantum-classical computing and has been operating quantum computers over the cloud since 2017 [4] - The company serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform [4] - Rigetti began selling on-premises quantum computing systems in 2021, with qubit counts ranging from 24 to 84 [4] - The company introduced its 9-qubit Novera™ QPU in 2023, designed for high-performance integration into existing cryogenic and control systems [4] - Rigetti has developed the industry's first multi-chip quantum processor for scalable quantum computing systems [4] - The company designs and manufactures its chips in-house at Fab-1, the first dedicated and integrated quantum device manufacturing facility in the industry [4] Upcoming Financial Results - Rigetti will release its second quarter 2025 results on August 12, 2025, after market close [1] - A conference call will be held at 5:00 p.m. ET on the same day to discuss financial results and provide business updates [1] - The call can be accessed via a live audio webcast, with a replay available for one year [2]

Core Insights - IonQ, Inc. is experiencing commercial growth through enterprise hardware sales, indicating a scalable demand for quantum infrastructure [1] - The company has established Chattanooga as the first city to host both a quantum computer and a quantum network powered by IonQ technology, reflecting its expanding role in quantum computing and infrastructure [2] - IonQ's platform scalability is underscored by its deployment milestones, moving beyond cloud-only access to localized quantum compute capacity [3] Commercial Developments - IonQ closed a $22 million deal with EPB in Q1 2025, marking a significant shift towards direct system monetization [1][10] - The acquisition of Lightsynq is expected to enhance IonQ's system scalability through advanced quantum memory and improved error rates [4][10] - The company is deepening its presence in global telecom and defense markets, with initiatives live in South Korea, Singapore, and Tennessee [5] Competitive Landscape - Rigetti Computing reported flat revenues of $3.1 million in Q1 2025, focusing on government-aligned cloud-access models [7] - D-Wave Quantum reported revenues of $2.5 million in Q1 2025, down 14% year over year, with a focus on quantum-as-a-service offerings [8] Financial Performance - IonQ shares have surged 65.8% in the past three months, outperforming the industry's growth of 42.9% [9] - IonQ trades at a forward price-to-sales ratio of 103.83, significantly above the industry average of 3.87 [11] - The Zacks Consensus Estimate for IonQ's 2025 earnings per share implies a year-over-year increase of 61.5% [12]

Core Viewpoint - Rigetti Computing's stock surged 30% following the announcement of demonstrating the industry's largest multi-chip quantum computer and halving the two-qubit gate error rate, indicating significant progress in quantum computing technology [1][6]. Group 1: Multi-Chip vs. Monolithic Approach - The debate in quantum computing centers around the choice between a monolithic approach, which uses a single large chip, and a multi-chip approach, which employs several smaller chips connected through tiling [1][2]. - Rigetti has shifted from a monolithic approach to a modular one, aligning with the views of researchers who argue that practical quantum computation will require millions of physical qubits, which is challenging to achieve with a monolithic design [2][3]. Group 2: Progress and Future Goals - Rigetti's announcement of the largest multi-chip quantum computer is a positive indicator of its leadership in the modular approach, which is expected to yield practical quantum computers in the future [3][5]. - Although Rigetti's latest modular system has only 36 qubits, down from the 84-qubit single-chip Ankaa-3 system, this is a strategic move to address new technological challenges associated with modular systems [4][5]. - The company aims to release a 100+ qubit chiplet-based system by the end of 2025, which would surpass the capabilities of the Ankaa-3 system while maintaining low error rates [7][8]. Group 3: Competitive Landscape - Rigetti's advancements are significant, but the quantum computing industry is rapidly evolving, with strong competition from other players like IBM, which is also transitioning to a modular approach [9]. - The shift to a modular approach by multiple companies validates Rigetti's strategy but also intensifies competition in the quantum computing sector [9].

Group 1 - The third-generation autonomous superconducting quantum computer "Benyuan Wukong" has been commercially deployed in multiple locations across China, with three different versions operating in supercomputing centers, universities, and relevant departments, supporting major national research projects and talent cultivation in quantum information [1] - A research team from Harbin Institute of Technology has made significant breakthroughs in laser technology, developing a new type of laser source that allows for free control of emitted wavefronts, enhancing applications in communication, computing, perception, and imaging [1] - India's first domestically manufactured chip is set to be launched this year, with six semiconductor factories accelerating construction to achieve mass production of "Make in India" chips [1] - The world's first 80,000-ton ocean farming vessel "Senhai Pioneer" has been delivered, marking a breakthrough in China's deep-sea intelligent and large-scale aquaculture equipment sector [1]

Company Strategy & Focus - The company is focused on building the country's first utility-scale quantum computer in Chicago [1] - The company's approach is centered on achieving the scale required for valuable commercial applications, specifically a million-qubit scale system [9] - The company is leveraging the semiconductor industry and its trillions of dollars of investment to build a utility-scale quantum computer [4][11] - The company is using a silicon photonics platform, developed over 20 years, to leverage the semiconductor industry [6] - The company is not focused on small demonstrations or proofs of principle, but rather on achieving utility scale [10] Competition & Timeline - The company differentiates itself by focusing on a million-qubit scale system from the beginning [9][11] - The company aims to build a utility-scale quantum computer, with others like IBM targeting similar goals by 2029 [7] Partnerships & Support - The company has strong partnerships with the governor, alderman, and the entire ecosystem in Chicago [13] - The company's decision to locate in Chicago was influenced by the understanding and support from the city and state, including power utility considerations [14] Investment - The company is committing at least $1 billion in capital to the project in Chicago [1]

The startup behind Chicago’s more than $1 billion quantum computing deal said operations are expected to start in three years https://t.co/2lLvNnslU5 ...