Quantum Computing stocks jumped in overnight trading. Shares of Rigetti Computing, Quantum Computing Inc., D-Wave Systems Inc., and QUANTUM CORP rose 12%, 7%, 7%, and 2% respectively.

With shares up by 345% year to date, $Rigetti Computing(RGTI)$ is soaring as Wall Street becomes more interested in quantum computing. While this industry is less flashy than other hype cycles like generative artificial intelligence (AI), it could be just as impactful over the long term.

In the best-case scenario, Rigetti Computing could be the Nvidia of quantum computing because of its picks-and-shovels business model. Like the legendary chipmaker, Rigetti serves the infrastructure side of this opportunity, building quantum computers and their key hardware components like processors. The company has also developed its Quantum Cloud Services (QCS) platform designed to give clients access to its quantum processors remotely through the cloud.

Shares of D-Wave Systems Inc. , a leader in quantum computing systems and services, surged 34% on Friday. The stock's rally was fueled by positive comments from CEO Dr. Alan Baratz, who discussed the company's leading position in commercial quantum computing and the widespread adoption of its annealing quantum computers by businesses across various industries.

During an interview on Fox Business' "Making Money with Charles Payne," Dr. Baratz highlighted that D-Wave currently has the largest and most powerful quantum computers in the world, which are supporting business applications in production. He noted that customers across industries are using D-Wave's quantum computers to tackle complex optimization problems, such as workforce scheduling, production scheduling, logistics routing, and resource optimization.

Shares of Quantum Computing Inc. continue to rally following Amazon's announcement of an advisory program for quantum computing.

Quantum computing stocks, including QUBT, received a significant boost after Amazon revealed plans for an advisory program aimed at helping companies leverage quantum computing technology. This move underscores the growing interest and potential of quantum computing, driving investor enthusiasm for related stocks.

While the specific details of Amazon's program are still unclear, analysts believe that it could accelerate the adoption of quantum computing solutions across various industries, benefiting companies like Quantum Computing Inc. that specialize in this emerging field.