Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here's what's driving the big move
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Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here's what's driving the big move

Why This Matters

Nvidia highlighted accelerated computing, which it argues can make "quantum computing breakthroughs of today and tomorrow possible."

October 3, 2025
03:58 PM
2 min read
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In this articleIONQQUBTQBTSRGTI your favorite stocksCREATE FREE ACCOUNTInside Google's quantum computing lab in Santa Barbara, California.CNBCQuantum computing stocks are wrapping up a big week of double-digit gains.s of Rigetti Computing, D-Wave Quantum and Quantum Computing have surged more than 20%.

Rigetti and D-Wave Quantum have more than doubled and tripled, respectively, since the start of the year.

Arqit Quantum skyrocketed more than 32% this week.The jump in s ed a wave of positive news in the quantum space.Rigetti said it had purchase orders totalling $5.7 million for two of its 9-qubit Novera quantum computing systems.

The owner of drugmaker Novo Nordisk and the Danish government also invested 300 million euros in a quantum venture fund.In a blog post earlier this week, Nvidia also highlighted accelerated computing, which it argues can make "quantum computing breakthroughs of today and tomorrow possible."Investors have piled into quantum computing nology this year, as giants Microsoft, Nvidia and Amazon have embraced the nology with a wave of new chip announcements, multi-million dollar investments and re plans.Read more CNBC newsOpenAI's Sora 2 is putting safety and censorship to the test with stunningly real sAmazon faces FAA, NTSB be after two dery drones crashed into crane in ArizonaJeff Bezos says AI is in an industrial bubble but society will get 'gigantic' benefits from the Perplexity AI rolls out Comet browser for free worldwideSmaller companies have also made strides.Earlier this year, Maryland-based IonQ bought U.K.-based quantum computing startup Oxford Ionics in a roughly $1.1 billion deal, while Finland-based IQM said it raised $320 million in funding last month.ponents argue that quantum computing can solve blems too complex for regular computers and parse larger quantities of data.

But critics say there's more work ahead before the nology successfully hits the market.Google Quantum AI's director of hardware Julian Kelly told CNBC in March that the nology is "five years out from a real breakout."WATCH: Quantum computing is the most radical nology in history: Bank of America's Haim Israelwatch now4:3604:36Quantum computing is the most radical nology in history: Bank of America's Haim IsraelSquawk Box Europe

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