Well, apparently if you still thought quantum computing was a “Weird Science” (great movie) pipe dream that wouldn’t matter for another decade, D-Wave Quantum just slapped reality in your face.
(Source: Giphy)
In short, the company is mooning after it announced that its annealing quantum computer just obliterated one of the world’s most powerful classical supercomputers in a complex materials simulation—a feat so absurd that if you tried running the same problem on the supercomputer, it would take a million years. Yep, one million big ones.
In other words, retail traders heard “Quantum Supremacy” and went full degenerate. The stock surged nearly 10% to $5.91, briefly hitting a high of $6.39 before finally settling down off its high. This came after a brief trading halt—because, apparently, Wall Street needed a minute to process the fact that D-Wave just made classical computing look like an abacus.
(Source: StockTwits)
For more context, the peer-reviewed paper, published in Science, is calling this the "first and only demonstration of quantum computational supremacy on a useful problem." Translation: Other “quantum supremacy” claims have been mostly glorified science fair projects—but this? This actually matters. However, not only did D-Wave’s quantum machine solve the problem in minutes, but if you actually tried running it on the classical supercomputer, it would require more electricity than the entire world consumes in a year. Let that sink in.
In fact, according to CEO Dr. Alan Baratz: “All other claims of quantum systems outperforming classical computers have been disputed or involved random number generation of no practical value.” Which was basically a statement that says, “Everyone else is playing with toy problems—our sh*t actually works.”
(Source: Yahoo Finance)
So then, what’s the play here? Well, it’s clear that D-Wave just proved quantum computing isn’t just hype. This is real, commercially viable tech that companies can use right now. Which ultimately means the AI arms race just got a new contender. If you thought Nvidia was the only honest woman in town for high-performance computing, think again.
Meaning, as of right now, D-Wave has stolen the show as they’ve proved quantum computing isn’t just theory or just to sound smart during a Ted Talk. It’s here, and it’s already outpacing traditional computing in real-world applications. So if this momentum keeps up, expect quantum stocks to become the next casino for retail traders—because nothing gets the market going like the promise of a technology that makes today’s most advanced supercomputers look like ancient relics.
(Source: Giphy)
For now, keep your eyes on D-Wave and the entire sector for that matter as shares are up 14% on the day. Of course, do your due diligence to see if this play is right for you, and place your bets accordingly. As always, stay safe and stay frosty, friends! Until next time…
P.S. Robert Smalls, a big swingin’ Managing Director for StockBridge dumped $27 million in a little known aerospace company on March 10th. In less than 24 hours, we dropped a deep-dive analysis exclusively for Stocks.News premium members, breaking down the why, what it means, and how to play the aerospace sector moving forward—all while retail investors were still wiping their tears from last week's losses. Meaning, if you aren’t in the Stocks.News premium club, well, it goes without saying that you’re missing out. Don’t miss out. Click here to join ASAP…
Stocks.News does not hold positions in companies mentioned in the article.
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