D-Wave Systems Inc. (QBTS) stock surged 8.61% in pre-market trading on Monday, riding the bullish wave in the quantum computing sector. The company's shares, along with other quantum computing stocks like Rigetti Computing (RGTI) and IonQ, have seen a significant rally in recent sessions.
The quantum computing industry has been gaining traction, fueled by increasing investments and expanding applications from tech giants. Major players like Amazon, Google, and NVIDIA are ramping up their efforts in this emerging field, which is driving optimism and boosting investor confidence.
Positive developments, such as Amazon's launch of the Quantum Embark program to help enterprises prepare for quantum computing, and NVIDIA's collaboration with Google Quantum AI on simulating quantum devices, have further contributed to the sector's momentum. Additionally, strong corporate earnings from companies like IonQ and Quantum Corp have underscored the industry's growth potential.
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