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Amid this year’s market turbulence, quantum computing has remained a red-hot investing theme, and D-Wave Quantum (QBTS) is certainly riding the wave. With its cutting-edge tech gaining traction across real-world applications, the stock has skyrocketed an eye-popping 1,366% over the past year, fueled by surging sales and growing investor enthusiasm.
In fact, the spotlight grew even brighter on May 20, when shares surged nearly 26% after D-Wave announced the “general availability” of its new Advantage2 quantum computer. This sixth-generation “annealing quantum computer” is, according to D-Wave, “production-ready” and delivers “significant performance gains” over its predecessor.
