Quantum Computing Inc. (QUBT) stock surged 10.7% in pre-market trading on Wednesday, extending its gains from the previous session as investor optimism surrounding the potential synergy between quantum computing and artificial intelligence (AI) fueled a rally in quantum computing stocks.
The pre-market surge followed a 5.48% intraday jump for QUBT stock on Tuesday, driven by President Trump's executive order easing AI regulation. Investors are betting that this move could pave the way for increased adoption and development of AI technologies, which require the enormous computing power that quantum computing can provide.
The rally in quantum computing stocks, including Quantum Computing Inc., Rigetti Computing, IonQ, and D-Wave Quantum, reflects the belief that advances in quantum computing could eventually surpass the capabilities of today's classical computers, leading to potential breakthroughs in various fields, including AI. With the regulatory landscape becoming more favorable for AI development, investors are optimistic about the prospects of quantum computing companies that could play a crucial role in powering these cutting-edge technologies.
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