For example, Ford Otosan, a joint venture between Ford Motor (F 1.74%) and Koç Holding in Turkey, is using D-Wave's technology to streamline its manufacturing processes. The company has reduced the scheduling time by 6 times for its Ford Transit vehicles. D-Wave Quantum also has other big customers. Accenture (ACN -0.31%), BASF (BASFY), Lockheed Martin (LMT 2.09%), Mastercard (MA 0.56%), and Pattison Food Group are just a few of the large customers using its quantum computing technology. The company's growt ...

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 ...

Core Insights - The demand for computing power is surging in the era of artificial intelligence, leading to increased attention on quantum computing as the next-generation computing technology [2][4] - The company, Liangxuan Technology, recently completed a multi-hundred million yuan Series B financing round, with funds aimed at upgrading core technologies, expanding product commercialization, and global business layout [2][3] - Liangxuan Technology, established in 2018, is focused on the industrialization and popularization of quantum computing, offering a one-stop solution [2][3] Company Overview - Liangxuan Technology has developed two product lines: a desktop nuclear magnetic resonance quantum computer for the education and research market, and an industrial-grade superconducting quantum computer aimed at overcoming the limitations of current computing power [3][4] - The company's desktop products have been sold to over 200 universities and research institutions in more than 40 countries, serving as the main source of revenue [2][3] - The company plans to launch a hundred-qubit superconducting quantum computer by 2025 and has developed software products like the "Liangxuan Cloud" quantum computing cloud platform and "SpinQit" programming framework to lower the barriers to quantum computing usage [3][4] Industry Context - The investment in quantum computing is driven by the limitations of traditional computing models, which are nearing their physical performance limits, especially as AI models grow in complexity [4][5] - Major tech giants like IBM and Google are heavily investing in quantum computing, indicating a global competition in this field [4] - Despite the promising outlook, the industry is still far from practical application, with current quantum computers primarily in the "scenario exploration" and "algorithm validation" stages rather than mature commercial solutions [4][5] Market Projections - According to McKinsey, global quantum computing revenue is expected to exceed $1 billion by 2025, with market size potentially reaching between $28 billion and $72 billion by 2035 [4] - The quantum communication market could reach between $11 billion and $15 billion, and the total scale of the quantum technology industry may approach $100 billion by 2035, with projections of $198 billion by 2040 [4]

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 - D-Wave Quantum Inc. has experienced significant stock price increases, with a nearly 26% rise over a five-day period in mid-July 2025, following a previous period of horizontal trading [1][2]. Group 1: Stock Performance - D-Wave's shares have tripled in value over the last six months, outperforming rivals like Quantum Computing Inc. and IonQ Inc., which only saw about 10% increases during the same timeframe [1]. - The company recorded a 12% increase in share price in a single day, indicating strong market interest [1]. Group 2: Technological Achievements - D-Wave achieved quantum supremacy earlier this year, a significant milestone that has contributed to investor optimism [2][3]. - Competitor Rigetti Computing also made headlines by halving its median two-qubit gate error rate, which led to a 40% increase in its shares [2]. Group 3: Financial Performance - D-Wave's revenue for the latest quarter was $15 million, exceeding analyst expectations, but the company remains dependent on large purchases from institutions and governments [4]. - The company reported its smallest quarterly losses since going public, supported by a strong balance sheet bolstered by a recent $400 million ATM offering, bringing reserves close to $1 billion [5]. Group 4: Market Sentiment - There is a prevailing sentiment among investors that quantum computing firms are nearing a technological breakthrough, with NVIDIA's CEO suggesting the field may be at an "inflection point" [7]. - The surge in D-Wave's stock was also fueled by increased options trading, with over 201,000 call options purchased in a single day, indicating bullish sentiment among investors [8]. Group 5: Analyst Ratings - Analysts are optimistic about D-Wave's potential, with eight Buy ratings and no Holds or Sells, although the stock is currently trading 24% above the consensus price target of $14.38 [9][10]. - The company has a high price/sales ratio of over 624 and a price/book ratio of 82.0, indicating that while there is potential for future growth, current valuations are elevated [11].

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].

While the artificial intelligence (AI) arms race is ongoing, the quantum computing arms race is heating up. Several companies are vying for supremacy in this field, but not every company is a great buy right now. At the top of my list for investing in quantum computing are Nvidia (NVDA -0.64%), Alphabet (GOOG 2.74%) (GOOGL 2.73%), and IonQ (IONQ -4.29%). I believe a combination of these three quantum computing stock picks is a great way for investors to spread out risk while capturing the upside that this e ...