Q/C Technologies shares surge 48.18% after-hours after Shkreli endorses optical computing and sets $100 price target.

Q/C Technologies (NASDAQ:QCLS) surged 48.18% in after-hours trading following a significant bullish endorsement from former pharmaceutical executive Martin Shkreli. Shkreli highlighted QCLS as a long-term investment, citing the company’s photonic/optical computing technology as a superior alternative to quantum computing. He set a $100 price target and disclosed a large personal investment position in the stock, with his partner joining the board and advising on high-performance computing initiatives. Shkreli emphasized QCLS’s potential to outperform GPU capabilities through photonic matrix multiplication and noted compelling data from its Israeli partner. While critical of quantum computing, he underscored sustained investor interest in next-gen computing technologies. The surge aligns with his social media promotion, which amplified market sentiment ahead of broader institutional scrutiny.