D-Wave Quantum Surges to 382nd Spot with 2.84 Billion Turnover in Historic Trading Day

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 23, 2025 7:36 pm ET1min read

On April 23, 2025,

(QBTS) saw a significant surge in trading volume, with a total turnover of 2.84 billion, marking a 193.76% increase from the previous day. This substantial rise in trading volume positioned D-Wave Quantum at the 382nd spot in the daily stock market rankings. The stock price of D-Wave Quantum also experienced a notable increase, rising by 14.08% over the past two days, with a cumulative gain of 14.26%.

D-Wave Quantum Inc. and Davidson Technologies have made significant progress in the installation of Alabama's first on-site annealing quantum computer. The completion of the assembly of the D-Wave Advantage2TM quantum system at Davidson's headquarters marks a crucial milestone in their collaboration. This system is the first of its kind in Alabama and is currently undergoing final calibration and testing before full installation.

The Advantage2 system is designed to enhance U.S. defense technology capabilities, providing real-time access to quantum computing resources. This development is expected to advance various applications, including scheduling, mobility, logistics, drug discovery, portfolio optimization, and manufacturing processes. The system will be housed in a secure facility, capable of running sensitive applications, making it the second U.S.-based D-Wave quantum computer.

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