Could Nvidia’s CUDA-Q quantum breakthrough spark a rally in overlooked quantum computing plays?

**Nvidia's CUDA-Q breakthrough could potentially spark a rally in overlooked quantum computing plays**, considering the following points:

1. **Enhanced Quantum Computing Capabilities**: CUDA-Q version 0.12's key features, such as the new run API and improved dynamics backend, demonstrate Nvidia's commitment to advancing quantum computing capabilities. These enhancements could lead to increased adoption and investment in quantum computing more broadly.
2. **Industry Partnerships and Collaborations**: Nvidia's collaborations with companies like Quantinuum and Infleqtion highlight the potential for quantum computing applications across various industries. These partnerships could open up new markets and opportunities for growth in the quantum computing sector.
3. **Educational Initiatives**: The development of CUDA-Q Academic indicates Nvidia's focus on educating the next generation of quantum computing professionals. This could lead to a more skilled workforce and increased interest in quantum computing among students and researchers.
4. **Quantum Computing Investment and Interest**: The recent launch of quantum computing thematic ETFs by WisdomTree and Allfunds suggests growing interest in the sector. Nvidia's advancements in quantum computing could attract more investors and attention to the field.
5. **Market Positioning and Valuation**: Nvidia's positioning in the quantum computing space, with an extension of the CUDA platform, could strengthen its technological moat and enhance its market position. This could lead to increased investor confidence in Nvidia and potentially spark a rally in overlooked quantum computing plays.

In conclusion, Nvidia's CUDA-Q breakthrough has the potential to spark a rally in overlooked quantum computing plays by enhancing capabilities, fostering partnerships, promoting education, increasing investment and interest, and positioning Nvidia strategically in the market.