Quantum Computing QUBT Stock Drops 10.04% in Two Days Despite 8.63 Billion Trading Volume Ranking 76th

On June 18, 2025, Quantum Computing (QUBT) experienced a significant decline, dropping by 3.54% and marking its second consecutive day of losses, with a total decrease of 10.04% over the past two days. The trading volume for the day was substantial, reaching 8.63 billion, placing it at the 76th position in the overall market rankings.

Quantum Computing Inc. (QUBT) has recently completed the construction of its Quantum Photonic Chip Foundry in Tempe, Arizona. This new facility is designed to produce Thin-Film Lithium Niobate (TFLN) chips, which are crucial for modern data transmission in sectors such as artificial intelligence and 5G communications. The foundry represents a strategic move for QUBT, providing a tangible and immediate revenue stream while also supporting its long-term quantum computing goals.

The foundry's production of TFLN chips taps into a rapidly growing market. The global market for Photonic Integrated Circuits (PICs) is projected to expand from $15.1 billion in 2024 to $38.4 billion by 2029. This growth is driven by the increasing demand for high-performance data transmission components. QUBT has already secured an offtake agreement with Comtech Telecommunications to produce TFLN wafers for satellite communication hardware, demonstrating early market validation.

By vertically integrating its supply chain, QUBT gains control over its core components, design cycle, and intellectual property. This strategy not only accelerates innovation but also shields the company from supply chain disruptions. Additionally, the foundry offers a diversified revenue stream, allowing QUBT to profit from selling essential components to various industries, including telecommunications, AI, and defense. This financial cushion supports the company's ambitious research and development efforts.

The foundry's technology is already being validated through high-profile sales to customers like BMW and the Korea Research Institute of Standards and Science (KRISS). These successes serve as powerful marketing tools, showcasing the foundry's capabilities and attracting more clients. For investors, the foundry's revenue generation will be a key indicator of QUBT's fundamental value and its ability to catch up with its speculative stock price.

Ask Aime: Did Quantum Computing Inc.'s (QUBT) recent construction of its Quantum Photonic Chip Foundry in Tempe, Arizona, lead to a decline in its stock price?