- Quantum computing stocks surged, including Burnaby-based D-Wave Quantum (NYSE:QBTS), after reports suggested the U.S. government may take equity stakes in strategic tech firms
- D-Wave announced its role in founding Q-Alliance, a major initiative in Italy aimed at creating the world’s most powerful quantum hub to drive innovation and digital transformation.
- Despite official denials of ongoing negotiations, investor optimism remains high, with D-Wave’s stock up roughly 2,600 per cent over the past year
- D-Wave Quantum stock (NYSE:QBTS) last traded at US$31.06
Once the realm of science fiction, quantum computing is rapidly becoming a strategic frontier in global tech competition. These machines, which harness the strange laws of quantum mechanics, promise to solve problems that would take classical computers millennia. But despite their potential, today’s quantum systems remain error-prone and computationally inefficient—more Formula 1 than family sedan.
Still, investor enthusiasm is accelerating. Shares of quantum computing firms, including Burnaby-based D-Wave Quantum Inc. (NYSE:QBTS), surged last week following a report in The Wall Street Journal that the U.S. government is considering taking equity stakes in exchange for federal funding. The move would mark a shift from traditional subsidies to direct ownership in sectors deemed critical to national security, such as semiconductors and quantum technology.
Although the U.S. Commerce Department told Reuters it is “not currently negotiating with any of the companies,” the market responded swiftly. D-Wave’s stock jumped, reflecting growing optimism around quantum’s future and potential government backing.
In a parallel development, D-Wave announced its role as a founding member of Q-Alliance, a new initiative launched in Como, Italy, aimed at creating “the world’s most powerful quantum hub.” The alliance, backed by Italian institutional authorities and co-founded with IonQ Inc., seeks to position Lombardy as a global epicenter for quantum innovation. It aligns with Italy’s strategic digital transformation goals and promotes open science, youth engagement, and responsible innovation.
“This is a historic moment for Italy and for the quantum industry,” D-Wave’s CEO, Dr. Alan Baratz said in a news release. “We believe D-Wave’s production-grade annealing quantum computing technology will serve as a critical component of the Q-Alliance, fueling quantum application development and adoption now.”
As governments worldwide race to secure supply chains and technological sovereignty, quantum computing firms like D-Wave are emerging as a key battleground. Whether through strategic alliances or equity stakes, the quantum era is no longer a distant possibility—it’s unfolding now.
D-Wave Quantum stock (NYSE:QBTS) closed 13.81 per cent higher at US$31.06 and has seen 269.76 per cent growth since the year began, up 2,624.56 per cent since this time last year.
Join the discussion: Find out what the Bullboards are saying about D-Wave Quantum and check out Stockhouse’s stock forums and message boards.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
