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Barchart
Ebube Jones

D-Wave Just Got a ‘Formidable’ Quantum Computing ‘Ally.’ Should You Buy QBTS Stock Here?

Expectations for quantum computing are rising fast, with global quantum computing revenues expected to reach around $9 billion by 2030. Up from $260 million in 2020, that points to over 40% annual growth for the decade.

Against that backdrop, D-Wave Quantum (QBTS) has announced a major $550 million agreement to acquire Quantum Circuits Inc., a developer of error-corrected superconducting gate-model quantum systems. 

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