Latest news with #DWAVE
Yahoo
15 hours ago
- Business
- Yahoo
If I Could Only Buy 1 Quantum Computing Stock, This Would Be It (Hint: It's Not IonQ)
Companies such as IonQ, Rigetti Computing, and D-Wave Quantum are among some of the more popular quantum computing stocks right now. Despite robust share price returns, Nvidia is quietly building a quantum computing business that investors might not want to overlook. While Nvidia stock has been rising lately, valuation trends suggest the stock is still reasonably priced. 10 stocks we like better than Nvidia › Over the last year, a quantum-computing-themed fund called the Defiance Quantum ETF has rocketed by 41%. Among some of the biggest contributors to these gains are popular quantum computing stocks such as IonQ, whose shares have soared by 394% over the last year -- as well as Rigetti Computing and D-Wave Quantum, both of which have witnessed share price gains in excess of 1,000%. With such robust returns, these three red-hot quantum computing stocks might seem like no-brainers. Nevertheless, I have another company on my radar that I think will outperform these stocks in the long run. Let's explore how Nvidia (NASDAQ: NVDA) is starting to emerge as an interesting opportunity in the quantum computing landscape. More importantly, I'll detail why the company is my top pick in the space and assess if the stock is a good buy right now. Nvidia reports its revenue into five major buckets: data center, gaming, professional visualization, automotive, and other. Today, nearly 90% of the company's revenue stems from the data center segment. This makes sense, as cloud hyperscalers such as Microsoft, Alphabet, and Amazon, as well as other major AI developers, including Meta Platforms and Oracle, have been on a relentless buying spree for Nvidia's chips over the last couple of years as they continue investing in data center infrastructure. What investors may not realize, however, is that Nvidia isn't just a hardware company. It also has a thriving software unit that integrates tightly with the GPU business. The company's CUDA programming platform complements the chip business -- essentially creating an ecosystem of AI-powered software and hardware. This tight integration provides Nvidia with a competitive advantage over the competition, making it challenging for customers to switch to alternative platforms. This savvy business model has put Nvidia ahead of the pack when it comes to being the vendor of choice for generative AI development. Nvidia is already parlaying the CUDA application to quantum computing, aptly naming the program CUDA-Q. Let's explore why Nvidia's pursuit of quantum computing could be a lucrative move for the company. While Nvidia maintains a sizable lead over its competition in the chip landscape, I am concerned that semiconductors are becoming increasingly commoditized. Many of Nvidia's own customers are investing in custom silicon solutions. Meanwhile, Advanced Micro Devices continues to show impressive innovation with its own GPU architectures. I see the rise of quantum computing as an opportunity for Nvidia to diversify its business beyond AI data centers. Moreover, I think continuing to offer additional software applications through CUDA should help Nvidia maintain a healthy profit margin profile -- especially as the chip landscape begins to experience more competitive forces. As I write this (June 16), Nvidia is trading at a forward price-to-earnings (P/E) ratio of 33.7. This isn't exactly dirt cheap. For reference, the average forward P/E across the S&P 500 is around 22. What I am more focused on are the broader trends across Nvidia's valuation. Per the chart above, Nvidia's forward P/E multiple experienced notable contraction throughout most of this year. While Nvidia recovered from the initial decline back in January following the DeepSeek saga, the stock took another, more prolonged hit around April -- during the time of the President's initial tariff announcements. As investors can see, though, Nvidia has been experiencing some valuation expansion over the last month or so following a solid first-quarter earnings report, in combination with some net positives on the tariff negotiation front. Yet even with the recent buying, Nvidia remains a much cheaper stock today than it was a year ago based on forward P/E trends. While there is some momentum fueling the share price right now, I would still encourage investors to consider scooping up shares. Overall, Nvidia stock looks reasonably valued. Furthermore, with yet another multibillion-dollar market in the form of quantum computing representing an opportunity for the company to maintain its lead over the competition, the long-run narrative around Nvidia remains compelling. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Alphabet, Amazon, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, and Oracle. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. If I Could Only Buy 1 Quantum Computing Stock, This Would Be It (Hint: It's Not IonQ) was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Why Shares of D-Wave Quantum Are Sinking This Week
D-Wave Quantum announced an at-the-market offering to potentially raise hundreds of millions of new capital. The offering could be dilutive to shareholders. Nvidia's CEO Jensen Huang commented on quantum computing this week. 10 stocks we like better than D-Wave Quantum › Since last Friday, shares of D-Wave Quantum (NYSE: QBTS) fell nearly 15% as of the market close on Thursday. The stock also traded lower on Friday. While the quantum computing sector experienced some good news this week, D-Wave also announced an at-the-market (ATM) stock offering to potentially raise new capital. D-Wave's ATM offering is with several brokerages and investment banks and will allow the company from time to time to conduct the "issuance and sale" of common stock for up to $400 million. The word issuance indicates that new shares could be offered to raise capital, which would be dilutive to existing shareholders. In a filing with the Securities and Exchange Commission( SEC), D-Wave also said that cash balances on hand as of March 31 are enough "to fund the company to profitability." D-Wave plans to use any potential proceeds for general corporate purposes, including funding capital expenditures (capex), acquiring new companies, or expanding the business, as well as for general working capital purposes. The news is disappointing because it comes during a week when Nvidia's CEO Jensen Huang praised quantum computing. "We are within reach of being able to apply quantum computing in areas that can solve some interesting problems in the coming years," he said. Few CEOs can move the market, but Huang is one of them, being one of the most influential people in the artificial intelligence (AI) sector. Other quantum computing stocks jumped this week. Shareholders never like to see dilutive capital raises, but with D-Wave trading at an extremely high valuation, this is often when management will try and bring in additional capital to fund growth. Either way, it's been an incredible run. D-Wave's stock is up 1,268% over the last year and currently trades at 191 times forward sales. While D-Wave appears to be making real progress toward eventually mass producing quantum computers, it's very difficult to buy stocks at these kinds of meteoric valuations. I wouldn't recommend anything more than a small, speculative position at this time. Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why Shares of D-Wave Quantum Are Sinking This Week was originally published by The Motley Fool
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Why Shares of D-Wave Quantum Are Sinking This Week
Since last Friday, shares of D-Wave Quantum (NYSE: QBTS) fell nearly 15% as of the market close on Thursday. The stock also traded lower on Friday. While the quantum computing sector experienced some good news this week, D-Wave also announced an at-the-market (ATM) stock offering to potentially raise new capital. A potentially dilutive event D-Wave's ATM offering is with several brokerages and investment banks and will allow the company from time to time to conduct the "issuance and sale" of common stock for up to $400 million. The word issuance indicates that new shares could be offered to raise capital, which would be dilutive to existing shareholders. In a filing with the Securities and Exchange Commission( SEC), D-Wave also said that cash balances on hand as of March 31 are enough "to fund the company to profitability." D-Wave plans to use any potential proceeds for general corporate purposes, including funding capital expenditures (capex), acquiring new companies, or expanding the business, as well as for general working capital purposes. The news is disappointing because it comes during a week when Nvidia 's CEO Jensen Huang praised quantum computing. "We are within reach of being able to apply quantum computing in areas that can solve some interesting problems in the coming years," he said. Few CEOs can move the market, but Huang is one of them, being one of the most influential people in the artificial intelligence (AI) sector. Other quantum computing stocks jumped this week. What a run it's been Shareholders never like to see dilutive capital raises, but with D-Wave trading at an extremely high valuation, this is often when management will try and bring in additional capital to fund growth. Either way, it's been an incredible run. D-Wave's stock is up 1,268% over the last year and currently trades at 191 times forward sales. While D-Wave appears to be making real progress toward eventually mass producing quantum computers, it's very difficult to buy stocks at these kinds of meteoric valuations. I wouldn't recommend anything more than a small, speculative position at this time. Should you invest $1,000 in D-Wave Quantum right now? Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor 's total average return is999% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Yahoo
08-06-2025
- Business
- Yahoo
3 Hot Tech Stocks With More Potential Than Any Cryptocurrency
CoreWeave's AI cloud business is booming. D-Wave's practical applications for quantum computing are impressing investors. QuantumScape could reshape the EV market with its solid-state batteries. 10 stocks we like better than CoreWeave › Cryptocurrencies might be worthwhile plays for investors who have a high tolerance for risk. However, they're also notoriously volatile and difficult to value since they often trade on market hype or murky future expectations regrading their scarcity or utility. So instead of chasing the market's hottest cryptocurrencies right now, it might be smarter to invest in three speculative tech stocks: CoreWeave (NASDAQ: CRWV), D-Wave Quantum (NYSE: QBTS), and QuantumScape (NYSE: QS). These stocks are also undeniably risky, but they're built on firmer businesses with clearer roadmaps for the future. CoreWeave, which was once an Ethereum mining operation, abandoned the crypto market in 2018 and leveraged its big inventory of graphics processing units (GPUs) to build an artificial intelligence (AI)-oriented cloud-infrastructure business. After spending about $100 million on Nvidia's H100 data center GPUs in 2022, it carved out a niche with a dedicated AI platform which was about 35 times faster and 80% cheaper than bigger cloud-infrastructure platforms. It used its own GPUs as collateral to secure more financing, and it attracted some investments from big investors like Nvidia, Cisco, and PureStorage. Its total number of data centers rose from just three in 2022 to 33 at the end of its latest quarter. Its revenue soared from $16 million in 2022 to $1.92 billion in 2024, and it expects that figure to more than double to about $5 billion in 2025. It isn't cheap at 15 times that sales estimate, and its stock has already more than quadrupled since its initial public offering (IPO) just two months ago. But it could have plenty of room to grow as the AI market expands. CoreWeave's lack of profits, high debt, and plans to accelerate its spending on Nvidia's latest Blackwell GPUs could compress its near-term valuations and cool off its stock, but it could head a lot higher over the next few years if it successfully scales up its business and narrows its losses. D-Wave Computing develops quantum annealing tools which can help companies optimize their schedules, workflows, and supply chains. Through quantum computing, which stores zeros and ones simultaneously in qubits, it operates more efficiently than traditional computers which store that data in separate binary bits. D-Wave's core Leap platform, which can be integrated into bigger public cloud platforms, is essentially a quantum-powered efficiency expert. It runs an organization's processes through its systems in various ways, and it identifies the one which consumes the least power as the most efficient. As a quantum-powered platform, D-Wave can map out all of those potential outcomes at a much faster rate than traditional computers. More than 100 companies -- including Deloitte, Mastercard, Lockheed Martin, and Accenture -- already use its services. That makes it a more practical play on the nascent quantum-computing market than its other niche research-oriented peers. From 2024 to 2027, analysts expect D-Wave's revenue to surge from $9 million to $74 million. It's not expected to turn profitable anytime soon, and it might seem absurdly overvalued at 70 times its projected sales for 2027. But it could grow a lot bigger as the quantum-computing market expands over the next few decades. QuantumScape is another speculative stock which could skyrocket over the long run. It develops solid-state lithium metal batteries which have better thermal resistance, faster charging times, and last longer than traditional lithium ion batteries. That makes them well suited for electric vehicles (EV), but it hasn't commercialized any of its batteries yet. QuantumScape is backed by Volkswagen, and its first QSE-5 batteries will have a fast charging time of less than 15 minutes with an EV range of up to 500 miles. Most EVs currently have a range of roughly 300 miles with an average charging time of 30 minutes. It's only shipped a few low-volume samples so far, and it doesn't expect to mass produce any batteries or generate any revenue until 2026. But this year, the company is transitioning from its older Raptor separator process to its newer Cobra process. That long-awaited upgrade should boost its stability and yields to pave the way toward the mass production of its batteries. QuantumScape is worth $2.4 billion right now, but it's tough to value because it's unprofitable, isn't generating any revenue yet, and still faces competition from other battery makers and automakers. But if it successfully scales up its business, it might just attract a stampede of bulls and outperform any of the market's top cryptocurrencies. Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Accenture Plc, Cisco Systems, Ethereum, Mastercard, Nvidia, and Pure Storage. The Motley Fool recommends Lockheed Martin and Volkswagen Ag. The Motley Fool has a disclosure policy. 3 Hot Tech Stocks With More Potential Than Any Cryptocurrency was originally published by The Motley Fool Sign in to access your portfolio
Globe and Mail
04-06-2025
- Business
- Globe and Mail
D-Wave Quantum Stock Skyrockets on Real-World Computing Breakthroughs
D-Wave Quantum Inc. QBTS, a prominent player in quantum annealing technologies, drew renewed attention following a series of material advancements across hardware, software and enterprise deployments. The company's strong strategic executions and recent public remarks by CEO Dr. Alan Baratz on quantum supremacy underscore a significant period of technical validation and commercial execution. In a year, the stock has skyrocketed 1281%, significantly outperforming the broader Internet Software industry 's 35.1% rise, the Computer and Technology sector's 10% increase and the S&P 500's 12.3% gains. The company also outperformed other prominent players in quantum computing like Rigetti Computing RGTI and IonQ IONQ, which rose 840.6% and 402%, respectively, during the same period. One-Year Price Comparison D-Wave's Quantum Advantage Across Scientific and Emerging Applications In first-quarter 2025, D-Wave demonstrated quantum supremacy on a real-world problem, with its 1,200-qubit Advantage2 prototype completing a complex magnetic simulation in minutes, a task that would take 1 million years and massive energy on the Frontier supercomputer. This marked a significant validation of D-Wave's quantum annealing capabilities. At the same time, D-Wave advanced its full-scale Advantage2 system (4,400+ qubits), featuring doubled coherence time, higher energy scale and improved qubit connectivity—key enhancements for solving complex optimization and AI problems. The company also introduced a Proof of Quantum Work model, showing how quantum computing can cut blockchain energy use by up to 1,000x while enhancing security, highlighting new opportunities in fintech, digital identity and distributed systems. QBTS Ahead of RGTI and IONQ D-Wave is currently ahead of Rigetti and IonQ in delivering real-world value through quantum computing. Unlike its peers, D-Wave's quantum annealing technology has achieved demonstrated performance at scale. Its 1,200-qubit Advantage2 prototype recently completed a complex magnetic simulation in minutes, something estimated to take one million years on the world's most advanced classical supercomputer. This demonstration of quantum supremacy on a practical problem sets D-Wave apart as the only company to date with such proof. Moreover, D-Wave is actively supporting commercial production use cases. Companies like Ford Otosan, NTT DOCOMO, and Japan Tobacco are already leveraging their systems to optimize manufacturing, telecom operations, and drug discovery processes. The Advantage2 system, with over 4,400 qubits, enhanced coherence time, and high qubit connectivity, builds on this momentum with significant hardware maturity. In contrast, Rigetti and IonQ remain in earlier stages, with smaller-scale systems and limited evidence of sustained customer deployment in operational environments. Estimates for D-Wave The Zacks Consensus Estimate for D-Wave's 2025 earnings implies a 72% improvement year over year. D-Wave Quantum currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report IonQ, Inc. (IONQ): Free Stock Analysis Report Rigetti Computing, Inc. (RGTI): Free Stock Analysis Report D-Wave Quantum Inc. (QBTS): Free Stock Analysis Report This article originally published on Zacks Investment Research (
