Quantum Computing Inc. (QUBT) stock surged 5.48% during intraday trading on Tuesday, as quantum computing shares rallied amid optimism surrounding the potential synergy between quantum computing and artificial intelligence (AI).
The rise in quantum computing stocks, including Quantum Computing Inc., Rigetti Computing, IonQ, and D-Wave Quantum, was fueled by President Trump's executive order easing AI regulation. Investors believe that the move could pave the way for increased adoption and development of AI technologies, which require enormous computing power that quantum computing can provide.
Furthermore, the Nasdaq composite also climbed, reflecting investor enthusiasm for the tech sector. Analysts expect that advances in quantum computing could eventually surpass the capabilities of today's classical computers, leading to potential breakthroughs in various fields, including AI.
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