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D-Wave Stock Is Soaring on a New Quantum Computer Launch

Published May 20, 2025

With Tuesday's gains, D-Wave shares have doubled in value since the start of the year.

Thomas Fuller / SOPA Images / LightRock🐬et / G𝓡etty Images

Key Takeaways

D-Wave Quantum shares soared Tuesday after the company announced a quantum computer it says can solve problems beyond the capabilities of classical computers.
CEO Alan Baratz said D-Wave’s computer, known as Advantage2, “marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole.”
With Tuesday's gains, D-Wave shares have doubled in value since the start of the year.

D-Wave Quantum (QBTS) shares surged Tuesday after the company unveiled its newest quantum computer, which it claims is capable of solving problems beyond the capabilities of a classical GPU-based supercomputer.

D-Wave shares popped close to 30% in recent trading. With Tuesday's gains, the stock has doubled in value since the start of the year, and is up more than 1,200% over the past 12 months.

Other quantum stocks briefly rallied as well, with shares of Quantum Computing (QUBT), Rigetti Computing (RGTI), and IonQ (IONQ) jumping earlier in🧜 the session, before paring back much of their gains.

CEO Alan Baratz said D-Wave’s computer, known as Advan🌼tage2, “marks a significant milestone not just for D-Wave, but for the quantum computing industry as ♒a whole.”

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