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Here's Why D-Wave Quantum Stock Soared This Week

TheMotleyFool

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Here's Why D-Wave Quantum Stock Soared This Week: https://g.foolcdn.com/editorial/images/866046/quantum-computer-interior-model.jpg

Quantum computing stocks are soaring this week, and D-Wave Quantum (NYSE: QBTS) is one of the biggest winners. As of mid-morning Friday, D-Wave shares had rocketed about 54% since last week's close, according to data provided by S&P Global Market Intelligence.

Ironically, the catalyst was artificial intelligence (AI) leader Nvidia, to which D-Wave's CEO Alan Baratz issued a warning earlier this week.

Image source: The Motley Fool.

Source Fool.com

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