Why D-Wave Quantum Stock Is Skyrocketing Today

Motley Fool
02-20
  • D-Wave stock is climbing rapidly today after Microsoft announced a new quantum-computing chip.
  • Microsoft's quantum chip uses a new architecture approach and could help solve challenges in the field.
  • D-Wave also announced a new hybrid-quantum application yesterday for the automation of agricultural machine operations.

D-Wave Quantum (QBTS 15.23%) stock is surging higher Wednesday. The company's share price was up 13.6% as of 2:30 p.m. ET and had been up as much as 16.2% earlier in trading.

D-Wave's valuation is climbing today after Microsoft unveiled its new quantum-computing chip. With today's gains, the quantum-computing specialist's stock is now up 292.5% over the last year.

D-Wave stock soars as Microsoft touts quantum chip breakthrough

Microsoft took the wraps off its new quantum-computing chip today, and the unveiling is powering valuation gains for D-Wave and other companies in the quantum industry. Microsoft's Majorana 1 chip is built on a new kind of architecture. It uses a new kind of conductor to observe and control Majorana particles, which are a type of particle identical to their own antiparticles.

By using its novel topocondcutor approach to control these particles, Microsoft expects to be able to solve some of the problems that arise with other quantum computing approaches. In turn, the chip could open the door for quantum computers to be able to tackle far more complex challenges.

What's next for D-Wave?

While Microsoft's new quantum-computing technology highlights increasing competition in the space, it represents another meaningful step in the evolution of the technology and its progression toward more mainstream commercial uses. It's not exactly clear how Microsoft's initiatives in the space will wind up impacting D-Wave over the long term. However, the Majorana 1 chip seemingly bodes well for the eventual use of quantum computing for artificial intelligence (AI) and other applications.

Microsoft's chip news today follows D-Wave's announcement yesterday of a new hybrid-quantum application for the simulation and optimization of autonomous agriculture machines. The application, built through a partnership with Staque, is notable for being one of the first commercially available services built around quantum computing. So, while the technology remains in its infancy, the business is now starting to see some significant product rollouts.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10