Quantum Computing Stocks Surge Following Breakthrough and Major Investment

D-Wave claims its quantum computer outperformed a top classical supercomputer, while Rakuten Securities invests in IonQ.

D-Wave Quantum announced a breakthrough in the journal Science, claiming its quantum computer solved complex simulation problems faster and more efficiently than a leading classical supercomputer.
Following the announcement, D-Wave shares rose over 11%, with other quantum computing stocks, including IonQ, Rigetti Computing, and Quantum Computing, also seeing significant gains.
IonQ's stock jumped nearly 18% after Rakuten Securities disclosed a $3.7 million investment in the company, representing 1.5% of its portfolio.
Despite early 2025 struggles, quantum computing stocks have shown strong growth over the past year, with several companies posting dramatic increases in value.
Industry leaders like Alphabet, Microsoft, and Amazon continue to advance quantum technology, though Nvidia's CEO has cautioned that practical applications may still be 15 to 30 years away.