Quantum Computing Stocks: Can IonQ, Rigetti Computing, D-Wave Quantum Become the Next Nvidia?

Quantum computing stocks, such as IonQ, Rigetti Computing, and D-Wave Quantum, have seen significant gains this year, rising as much as 5,400% on a trailing 12-month basis. However, history suggests that game-changing technologies often experience early innings bubble-bursting events due to investors overestimating adoption rates and utility. Despite some commercialization, the industry is still years away from broad-based adoption and practical problem-solving. Therefore, investors should exercise caution when considering these stocks as the next Nvidia.