Quantum computing stocks surge at open; D-Wave Quantum up over 7%, Rigetti Computing and Quantum Computing up over 4%

Quantum computing stocks surge at open; D-Wave Quantum up over 7%, Rigetti Computing and Quantum Computing up over 4%

Quantum computing stocks experienced a strong start to trading on April 28, 2025, with several key players reporting significant gains. D-Wave Quantum (NYSE: QBTS) led the way, with a 7.6% increase in share price, followed by Rigetti Computing (NASDAQ: RGTI) and Quantum Computing (NASDAQ: QUBT), both of which saw their shares rise by over 4%.

D-Wave Quantum's performance can be attributed to several positive developments. The company is nearing the installation phase of Alabama's maiden on-site annealing quantum computer through a partnership with Davidson Technologies. This project is expected to significantly boost quantum infrastructure advancements in the U.S. [2]

Rigetti Computing also had a positive day, with its shares climbing by 4.5%. The company was selected to lead a $3.5 million consortium for further quantum error correction testing by Innovate UK's Quantum Missions pilot program. This recognition underscores the growing acceptance of quantum computing technology in various sectors, including pharmaceuticals [1].

Quantum Computing (NASDAQ: QUBT) saw its shares increase by 4.2%. The company recently secured a sale of a reservoir computer to an automotive manufacturer, demonstrating the growing interest in quantum technology across different industries [3].

IonQ (NYSE: IONQ) also made headlines, with its shares edging up by 1.6%. The company announced plans to build a $22M quantum computing and networking hub in Chattanooga, Tennessee, in collaboration with the EPB of Chattanooga. This hub will house IonQ's Forte Enterprise quantum computer and will provide quantum computing, networking, and application development and support services. The Forte Enterprise is IonQ's most powerful quantum computer [3].

These developments highlight the increasing acceptance and integration of quantum computing technology into various sectors of the economy. However, investors should be cautious, as quantum computing stocks can be volatile, similar to AI stocks. It is essential to conduct thorough research and consider the risks before investing in this rapidly evolving field.

References:
[1] https://www.aol.com/discover-why-quantum-computing-stocks-175723058.html
[2] https://247wallst.com/investing/2025/04/23/discover-why-quantum-computing-stocks-are-soaring-today/
[3] https://seekingalpha.com/news/4435725-ionq-plans-to-build-first-u-s-quantum-computing-hub-in-tennessee