D-Wave is part of a small, high-flying group of quantum computing stocks that have surged over the past year.While perhaps not as widespread or well-known as the artificial intelligence trade, quantum computing stocks have arguably been the hottest sector in the stock market.One quantum stock, D-Wave Quantum (QBTS +3.84%), has seen its stock price surge by over 625% in the past year, as investors became increasingly bullish on the future of quantum computing. Quantum computing is viewed as the next iteratio ...

Core Insights - D-Wave (NYSE: QBTS) is the first company to achieve a quantum annealing system, leading to a significant increase in its stock price since its IPO [1] - Since going public via SPAC in 2022, QBTS stock has surged from below $1, indicating strong market interest and investor confidence [1] Company Overview - D-Wave specializes in quantum computing technology, specifically in quantum annealing systems, which positions it uniquely in the tech industry [1] - The company's stock performance post-IPO reflects a growing trend and interest in quantum computing solutions [1]