Core Insights - D-Wave Quantum Inc. (NYSE:QBTS) has seen a significant stock increase of 230% for the year, reaching a 52-week high [1] - Jim Cramer advises investors to take out their cost basis to allow the remaining investment to grow, emphasizing that this strategy minimizes risk [1] - Despite the stock's performance, Cramer notes that it may take time for D-Wave's business to fully develop, and both D-Wave and IONQ are currently incurring substantial losses [1] Company Overview - D-Wave Quantum Inc. specializes in quantum computing systems, software, and cloud services, including its Advantage platforms, Ocean developer tools, and Leap hybrid solver [1] - The company is positioned within the emerging quantum computing industry, which is still in its developmental stages [1] Market Context - The article suggests that while D-Wave has potential, other AI stocks may present better upside potential with lower downside risk [1] - There is a mention of a report highlighting undervalued AI stocks that could benefit from current market trends, including tariffs and onshoring [1]

Core Insights - Quantum Computing Inc. (QUBT) is focusing on long-term growth through its quantum computing systems and thin-film lithium niobate photonic chip foundry, with active participation in trade shows and conferences to engage with potential customers and partners [1][2] Company Developments - QUBT has started shipping products like the Quantum Photonic Vibrometer and entangled photon sources to various sectors, indicating a strong demand for its technology and opening pathways to larger markets such as secure communications and edge AI [2][3] - The new chip foundry in Tempe, AZ, is expected to scale revenues quickly, fulfilling pre-orders and anticipated to contribute financially within 12-18 months [3] - The company ended Q2 with $349 million in cash and equivalents, bolstered by $188 million from a private placement of common stock, enhancing its financial position and visibility through inclusion in the Russell 3000 and Russell 2000 indexes [4][8] Peer Updates - Rigetti Computing (RGTI) is enhancing its position in quantum computing with strategic initiatives and international expansion, including a partnership with India's C-DAC and the launch of a new four-chiplet system [5] - D-Wave Quantum (QBTS) is advancing its capabilities with the launch of Advantage2, its latest annealing quantum computer, and has formed partnerships to promote quantum computing in South Korea, ending Q2 with a significant cash balance of $819.3 million [6][7]

Key Takeaways IonQ exceeded Q2 revenue guidance by 15%, underscoring strong project execution with existing customers.Acquisitions and partnerships target 800 logical qubits by 2027 and 80,000 by 2030.Collaborations with AstraZeneca, AWS and others showcase practical applications of IonQ's systems.IonQ’s (IONQ) path to profitability is anchored by both strong revenue performance and strategic capital allocation. In the last-reported second quarter of 2025, the company’s revenues surpassed the high end of th ...

Core Viewpoint - D-Wave Quantum Inc. has experienced significant share price fluctuations, with a notable increase of 68% in the last month, driven by various factors including Federal Reserve actions and developments in the quantum tech sector [2][3][5]. Price Movement Analysis - The stock price of D-Wave Quantum has shown a trajectory of dipping early in 2025, remaining flat for several months, before climbing in May and leveling off during the summer [1]. - The recent rally is attributed to the Federal Reserve's interest rate reduction announcement on September 17, which is favorable for growth stocks like D-Wave [5]. Market Context - A White House memo has identified AI and quantum technology as top priority areas, indicating potential supportive measures for these industries at the national level [6]. - Competitor Rigetti Computing secured a significant three-year contract with the Air Force Research Laboratory, which may have influenced market sentiment towards quantum companies [6][7]. Financial Performance - D-Wave Quantum has a market value exceeding $9 billion, but reported revenues of only $3 million for the latest quarter, highlighting a disparity between market valuation and financial performance [3][8]. - The company has an astronomical price-to-sales ratio of over 1,034, suggesting it is not approaching undervalued status [8]. Analyst Ratings and Forecasts - Analysts have a consensus price target of $20.27 for D-Wave Quantum, indicating a potential downside of 19.77% from the current price of $25.27 [8]. - All 11 analysts rating the firm have assigned a Buy rating, yet the consensus price target is significantly lower than the current trading level, suggesting caution [12]. Investor Sentiment - There has been a surge in short interest for D-Wave Quantum, increasing by about 10% recently, indicating mixed investor sentiment [11]. - Retail investors have played a significant role in driving the stock's ascent, with institutional ownership remaining below 43% [11].

Core Insights - Rigetti Computing has secured purchase orders totaling approximately $5.7 million for two 9-qubit Novera™ quantum computing systems, with delivery expected in the first half of 2026 [1][2] Company Overview - Rigetti Computing is a pioneer in full-stack quantum computing, having operated quantum computers over the cloud since 2017 and began selling on-premises quantum computing systems in 2021 [5] - The company introduced the 9-qubit Novera™ QPU in 2023, designed for high-performance, on-premises quantum computing [5] - Rigetti manufactures its quantum devices at Fab-1, the industry's first dedicated and integrated quantum device manufacturing facility [4][5] Product Details - The Novera quantum computing systems are upgradeable, allowing customers to increase the qubit count for more complex computations [1] - The systems are designed to support research in key areas of quantum computing, including qubit operation, control system optimization, gate design, decoherence mitigation, and efficient quantum algorithm development [3][5] - The Novera QPU features a square lattice of qubits and tunable couplers for high fidelity two-qubit operations, along with a compatible dilution refrigerator and advanced control systems [7]

证券日报网讯 彩讯股份（300634）9月30日在互动平台回答投资者提问时表示，彩讯投资中科酷原，前 瞻性布局量子计算这一前沿科技领域，此次投资将加速中科酷原原子量子计算机的整机研发，推动量子 计算技术从实验室走向产业化应用。本次投资属于直接投资，持股比例为0.9524%。 ...

Group 1 - Wall Street analysts are closely monitoring quantum computing trends, indicating a growing interest in this sector [1][3] - S&P Global tracks analyst recommendations and price targets to assess Wall Street's views on quantum computing stocks, eliminating those with insufficient coverage [3][4] - Analysts show mixed sentiments towards major quantum computing stocks, with Honeywell receiving a "buy" or "strong buy" rating from only 13 out of 24 analysts, and IBM from 8 out of 21 [4] Group 2 - Alphabet has achieved significant milestones in quantum computing, but its consensus price target is below the current share price, leading to its exclusion from top considerations [5] - Rising quantum computing companies like D-Wave Quantum, Rigetti Computing, and IonQ received positive ratings, yet their average price targets are lower than current share prices [6] - The three companies with strong analyst support and solid upside potential in quantum computing are Amazon, Microsoft, and Nvidia [7][8]

Core Insights - The primary investment trend is artificial intelligence (AI), with significant investments from AI hyperscalers to enhance computing capacity [1] - Quantum computing is emerging as a complementary technology that could significantly enhance AI capabilities, although it is still in the developmental phase [2] - Alphabet is strategically investing in both AI and quantum computing, positioning itself as a strong candidate in these emerging industries [3] AI Developments - Alphabet, known as the parent company of Google, has effectively utilized its cash flows to invest in various businesses, contributing to its success [5] - Concerns about generative AI replacing Google Search have not materialized, as the search segment experienced a 12% year-over-year growth in Q2, indicating its continued relevance [6] - The integration of generative AI in search results through Google Gemini has made it one of the most utilized large language models globally, enhancing its training capabilities [7][8] Quantum Computing Initiatives - Alphabet has made significant strides in quantum computing, exemplified by its Willow quantum computing chip completing a task that would take traditional computing 10 septillion years [9] - The company aims to develop its own quantum computing chip to eliminate reliance on external providers, thereby increasing profitability [10] - This in-house development will facilitate the integration of quantum computing with existing AI infrastructure and enhance Alphabet's cloud computing offerings [11] Future Outlook - While the success of Alphabet's quantum computing efforts remains to be seen, it is already a leader in the AI sector with substantial resources to support its initiatives [12]

Core Insights - Jim Cramer expressed concerns about the valuation of Rigetti Computing, Inc. (NASDAQ:RGTI), questioning whether its share price accurately reflects its value [2] - Rigetti Computing has seen significant stock performance, with a year-to-date gain of 55% and a 102% increase over the past month [2] - Cramer categorized Rigetti as a speculative stock and even referred to it as a meme stock, indicating its volatile nature in the market [2] Company Overview - Rigetti Computing, Inc. specializes in quantum computing, developing quantum processing units (QPUs) and offering quantum computing hardware products and software services [2] - The company is one of the few players in the quantum computing industry, focusing on hardware development [2] Investment Perspective - While there is potential for Rigetti as an investment, some analysts believe that certain AI stocks may offer better returns with lower risk [3]

IonQ (IONQ) has again caught investors off guard by breaking a quantum performance record, reaching an algorithmic qubit (#AQ) metric of 64 on the company's Tempo platform. This advancement exponentially increases the computational capabilities available for tackling real-world issues such as drug discovery, supply chain optimization, and next-generation cybersecurity. It occurs as IonQ stock, arguably the most followed name among quantum computing stocks, trades around the higher part of the stock's 52-we ...