The reason why quantum computing stocks soared this week

stock Quantum computing (Qubt 16.57%)) This week has surged higher. The company’s shares increased by 7.3% at 1:09 pm, but stocks increased 9.8% early. The rise S & P 500 (^GSPC -0.40%)) I lost 2.5% NASDAQ-100 2.2%loss

The positive news of other bilateral companies has increased the company’s shares. This is in the footsteps of the company’s imported release at the end of last week.

The new quantum computer and bold vision are lifted up all quantum boats.

Given that this technology is in the early stages, investors have rewarded all quantum stocks when there is a positive news of a company.

Earlier this week, fellow quantum computing company D wave The cloud has announced that you can use the latest computer, Advanture2. Then on Thursday IONQ The CEO of Niccolo de Masi said Barun He said his company “” “nvidia“Quantum’s Quantum company said,” NVIDIA and Broadcom are in the business of a bilateral company, just like the classic GPU business. “INQ believes that it will be NVIDIA player.”

It is not uncommon for the CEO to make a bold claim, but the comparison was strong and led to the rally in this category.

Image Source: Getty Image.

There is a long way to go

There is a positive development, but quantum computing is far from practical survival in commercial applications. It will take a long time for the company to produce a stable solution that is powerful, powerful and can generate investment revenue.

Quantum Computing’s technology shows an appointment, but it’s too early to know what approach and the company will succeed. If you have a high risk false and the ability to wait for more than 10 years to repay the investment, quantum computing is a certain addition to the portfolio, but you need to spread the bilateral investment to many companies in the universe.