D-Wave Quantum Inc. (QBTS, Financial) stock surged more than 10% on Friday, extending a rally that tops 150% this month. The gains reflect progress across hardware, software and enterprise deployments.
Over the past year, QBTS has climbed about 1,281%, far outstripping the Internet Software industry's 35% rise and the S&P 500's 12%. Rigetti Computing (RGTI, Financial) and IonQ (IONQ, Financial) have also jumped but lag D-Wave, up 840.6% and 402%, respectively.
In Q1 2025, D-Wave's 1,200-qubit Advantage2 prototype solved a complex magnetic simulation in minutes, a task estimated to take one million years on the Frontier supercomputer. That real-world demonstration of quantum supremacy underscored the firm's annealing approach.
The company also scaled up its Advantage2 system to more than 4,400 qubits, boosting coherence times and connectivity for tackling optimization tasks and AI challenges. D-Wave unveiled a Proof of Quantum Work model suggesting blockchain energy use could drop by up to 1,000x.
Corporations such as Ford Otosan and NTT DOCOMO are piloting D-Wave's systems for manufacturing and telecom optimization. Investors may view these advances as validation of the technology's commercial potential.
