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Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15-to-30 years away
CNBC· 2025-01-08 20:45
Nvidia CEO Jensen Huang speaks with the press during the launch of the supercomputer Gefion at Vilhelm Lauritzen Terminal in Kastrup, Denmark, on Oct. 23, 2024.Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are many years away."If you said 15 years for very useful quantum computers, that would probably be on the early side," he said during Nvidia's analyst day. "If you said 30, it's probably on the late side. But if you picked 20, I think a wh ...
Quantum Computing, Inc. Announces Private Placement of Common Stock for Proceeds of $100 Million
Prnewswire· 2025-01-08 12:50
HOBOKEN, N.J., Jan. 7, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 8,163,266 shares of common stock in a private placement at a purchase price of $12.25 per share. The offering is expected to result in gross proceeds of $100 million, before deducting offering expens ...
Quantum Computing Stocks Dive After Nvidia CEO Says Tech 15-30 Years Away
Investor's Business Daily· 2025-01-08 10:19
Quantum computing stocks IonQ (IONQ), Rigetti Computing (RGTI), D-Wave Quantum (QBTS) and Quantum Computing (QUBT) plunged after Nvidia (NVDA) CEO Jensen Huang said Tuesday night that the technology won't be "very useful" for 15-30 years. "If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it's probably on the late side," Huang said in a Q&A session during Nvidia's analyst day event. "If you picked 20, I think a whole bunch of us would b ...
Ride the Quantum Computing Wave with These 2 Stocks: RGTI, QBTS
ZACKS· 2025-01-08 08:16
Quantum computing has emerged as a strong investment theme over the past several months, with the trend fully expected to continue throughout the fresh year.The excitement among many of these related names, including Rigetti Computing (RGTI) and D-Wave Quantum (QBTS) , has been primarily driven by an announcement from mega-cap tech giant Alphabet (GOOGL) . Below is a chart illustrating their outperformance over the last three months.Image Source: Zacks Investment ResearchFor those unfamiliar, Alphabet made ...
Quantum-Si's 327% Rally In Six Months: Is Nvidia The Catalyst For More Gains?
Benzinga· 2025-01-07 22:30
Quantum-Si Inc. QSI is stealing the biotech spotlight with a jaw-dropping 327% surge over the past six months. The proteomics pioneer's stock now sits at $4.10, boasting a strong bullish trend and catching investors' attention. But what's behind this meteoric rise, and can it sustain the momentum?Quantum-Si Stock: The Bullish BreakdownFrom a technical perspective, Quantum-Si stock is radiating bullish signals having recently made a Golden Cross. Chart created using Benzinga ProQSI stock is comfortably above ...
Quantum Computing, Inc. Secures Third and Fourth Purchase Orders for TFLN Photonic Chip Foundry, Concluding 2024 Pilot Launch Program
Prnewswire· 2025-01-07 21:30
HOBOKEN, N.J., Jan. 7, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced the receipt of its third and fourth purchase orders for its thin film lithium niobate (TFLN) photonic chip foundry. The orders, received from a renowned European technical university and a Canadian photonic integrated circuit (PIC) design house, mark a key milestone in the QCi Foundry Pilot Launch Program.The un ...
AI, Quantum, And Robotics in Focus – All Eyes On Nvidia CEO Keynote
Benzinga· 2025-01-07 01:55
To gain an edge, this is what you need to know today.All Eyes On NvidiaAn enlarged chart of NVIDIA Corp NVDA.Note the following:This article is about the big picture, not an individual stock.  The chart of NVDA stock is being used to illustrate the point.The chart shows that NVDA stock ran up on Friday in advance of the Consumer Electronics Shows (CES).The chart shows that in the early trade NVDA stock is further gaining.The chart shows NVDA stock is at the low band of the resistance zone.CES kicks off with ...
Call Traders Profit on Quantum Computer Stock Surge
Schaeffers Investment Research· 2025-01-07 01:45
RGTI saw more than 3.1 million options exchanged over the last two weeksThe quantum computing sector is one to watch in 2025, and one name stands out as a clear-cut favorite to begin the year. Rigetti Computing Inc (NASDAQ:RGTI) just earned a spot on Schaeffer's Quantitative Analyst Rocky White's list of stocks that drew the most options volume over the last 10 trading days.Per White's data, RGTI saw 2,151,362 calls and 1,034,859 puts traded during the last two weeks. During that period, the most active con ...
Interested in Quantum Computing but Can't Decide Which Stocks to Buy? You Might Want to Check Out This ETF.
The Motley Fool· 2025-01-06 18:00
Interest in quantum computing stocks is on the rise, but choosing which one to invest in is a daunting task.During the past few months, a new pocket of the artificial intelligence (AI) realm has come into the spotlight. Investors have been cheering on quantum computing stocks, and companies such as IonQ, Rigetti Computing, and Quantum Computing have drawn a good deal of attention.Whenever an exciting new opportunity starts to become mainstream, it can be tempting to follow the crowd and buy into the narrati ...
Prediction: Quantum Computing Will Be the Biggest Theme in Artificial Intelligence (AI) in 2025. But Does That Mean You Should Invest in It?
The Motley Fool· 2025-01-04 21:31
Quantum computing stocks are soaring, but do the rising stock prices make sense?Over the last couple of years, technology stocks have captivated the investment world thanks in large part to breakthroughs in artificial intelligence (AI).Within the AI realm, semiconductor stocks in particular have benefited greatly. This is due to the fact that semiconductor companies such as Nvidia, Advanced Micro Devices, and Broadcom make important infrastructure such as graphics processing units (GPUs) and network equipme ...