This Quantum Stock’s New Announcement Is Making Jensen Huang’s 15-Year Timeline Look Pretty Dumb

For the past few years, Google and Microsoft have treated quantum computing like their own private science fair. Google showed up with chips named “Sycamore” and “Willow,” Microsoft unveiled its own quantum hardware this year, and both have been promising us a glorious future where problems that stump today’s supercomputers get solved in an instant (have they not heard of ChatGPT?). 

At the same time, the rest of us are standing around with a coffee going, “Cool names… now let me know when one of these things can actually do something useful, like fix Southwest’s flight scheduling system or stop my Zoom call from freezing.” Well, it looks like that call just came in. From Canada. D-Wave Quantum just announced that its latest quantum system (Advantage2) is not only real, but ready for business. And not in that “we’re still ironing out the bugs” kind of way. This thing is already live in over 40 countries, being used by actual customers who are trying to solve actual problems. The market noticed too… D-Wave stock jumped 29% on the news and is now up over 1,200% in the past 12 months. That’s meme-stock level movement… except this time, the company actually makes something. So, what is Advantage2, and why are people so hyped? Let’s put on our nerd glasses and learn something.

According to D-Wave CEO Alan Baratz, it’s “an engineering marvel”... a term usually reserved for things like the Hoover Dam or the arch in St. Louis. But Advantage2 actually earns the title. It packs over 1,200 qubits with 20-way connectivity… which means it can juggle more complex problems while using fewer qubits to do it. The machine also cuts down noise by 75%, increases energy scale by 40%, and runs on a supercooled superconducting chip (not sure what that means but sounds cool).

Baratz is especially proud of D-Wave’s focus on quantum annealing, which is a fancy way of saying the system is designed to solve optimization problems… stuff like logistics, scheduling, or making your supply chain slightly less of a disaster. JPMorgan even gave the system a nod in a new report, saying Advantage2 showed "significant speedups" compared to classical supercomputers. Take that, Excel. All jokes aside, they’re walking the talk. Back in February, D-Wave sold a system to Germany’s Julich Supercomputing Centre, which is the quantum version of getting picked first in gym class. They're also working with Davidson Technologies in Alabama, a defense contractor, meaning someone in Huntsville is now quietly testing quantum code that probably scares Excel even more.

Let’s talk about the part I can actually understand. D-Wave is sitting on $304 million in cash, reported a better-than-expected Q1, and looks far more stable than most of the quantum upstarts chasing headlines. Companies like Quantum Computing Inc and Rigetti popped a few percentage points on D-Wave’s news too (probably just happy someone remembered they existed) but both are still down over 30% this year.

Of course, not everyone believes this is real. Nvidia CEO Jensen Huang famously said earlier this year that useful quantum computers are still at least 15 years away. Baratz’s clearly disagreed when he called Jensen “dead wrong.”

So where does that leave us? Quantum computing is still a messy, experimental field, with plenty of debate over which approach (gate-based, annealing, or something else entirely) will win out. But D-Wave’s Advantage2 is actually a functioning, commercially available system already solving problems that traditional computers can’t touch. And if the results keep stacking up, Google and Microsoft might need to do more than rename chips after trees.

PS: It’s a mess out there.

One day the market’s ripping, the next day it’s Black Monday all over again. Recent earning’s reports have been a total coin flip. One stock beats and explodes 30%… the next misses by a penny and gets sent to the Shadow Realm. And through it all, everyone’s begging for Jerome Powell to finally cave and cut rates.

But underneath all the panic headlines (“Inflation too sticky!” “Recession imminent!” “Tariffs round 4 incoming!”) something wild is happening…

We’re seeing violent price action. Especially in the small-cap space, where low floats and high anxiety are creating the perfect recipe for 100%+ pops before lunchtime. Some of these names are moving 200%+ in under 24 hours… and to our knowledge, NO ONE else is covering them.

Except us.

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Stock.News has positions in Google and Microsoft.