Quantum Computer Stocks 'Floating Up' Ahead of GTC

Expectations Rise for Nvidia GTC's First Quantum Session
D-Wave Surges Amid Quantum Supremacy Announcement

Stocks of quantum computing-related companies in the U.S. stock market turned strong on expectations for Nvidia's GTC event.

D-Wave's Advantage2 Quantum Processor

On the 17th (local time), D-Wave Computing shares closed at $11.18, up 10.15% from the previous day. Quantum's stock soared by as much as 40%, reaching $21.49. Quantum Computing also rose 13%, breaking out of a downward trend. IonQ and Rigetti Computing saw slight declines.

The strength in quantum computing company stocks is interpreted as anticipation for the first-ever "Quantum Day" at Nvidia's GTC event. D-Wave announced that CEO Alan Baratz will attend the GTC Quantum Day and have a conversation with Jensen Huang.

Nvidia has announced that discussions on quantum computing technologies needed by enterprises will take place at Quantum Day during GTC on the 20th (local time). Additionally, Nvidia itself is expected to make announcements related to quantum computers.

Last week, D-Wave revealed through the scientific journal Science that it solved a calculation that would take a supercomputer one million years in just a few minutes using a superconducting quantum annealing processor. This signifies that quantum computers have achieved quantum supremacy, surpassing the performance of conventional supercomputers.

D-Wave's stock has shown strength for two consecutive days, surpassing its early January peak. At that time, at the CES exhibition, Jensen Huang, CEO of Nvidia, stated, "It will take 20 years for useful quantum computers to emerge," delivering a severe blow to the previously heated quantum computing company stocks.

This content was produced with the assistance of AI translation services.