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]

Group 1 - D-Wave Quantum Inc. (NYSE:QBTS) is recognized for its potential in quantum computing, providing systems, cloud services, and developer tools [1] - Jim Cramer highlighted the company's ambitious goals in quantum computing but expressed skepticism about the current market enthusiasm, labeling it as "irrational" and "frothy" [1] - The company has raised funds primarily by selling stock, which has attracted speculative investors, raising concerns about its valuation [1] Group 2 - Cramer suggested that while D-Wave has potential, other AI stocks may offer better upside potential with less downside risk [1] - The article hints at a broader trend in the market where certain undervalued AI stocks could benefit from economic factors such as tariffs and onshoring [1]