D-Wave Quantum ( (QBTS) ) has risen by 42.05%. Read on to learn why.
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Forget margin or options. Here's how the pros trade QBTSD-Wave Quantum shares have surged 42.05% over the past week, as investors rushed into quantum computing stocks and pushed QBTS back above closely watched technical levels. The stock recently traded a little above $21, with options activity spiking to well above normal levels and call buying outpacing puts, a sign that traders are positioning for further upside despite the company’s year-to-date performance still being negative.
The main spark has been Nvidia’s launch of its open-source Ising quantum AI models, which reignited enthusiasm for the crossover between artificial intelligence and quantum computing. That sector-wide tailwind has drawn fresh attention to D-Wave Quantum as one of the more visible listed plays in the space, helping fuel heavy trading volumes and driving the stock onto lists of top daily gainers.
Beyond the Nvidia effect, investors are also reacting to company-specific momentum. D-Wave Quantum’s CEO publicly challenged Nvidia on energy efficiency at the Semafor World Economy Summit, putting a spotlight on the firm’s technology, while recent reports suggest commercial bookings are already running ahead of the company’s total for fiscal 2025. Together, the AI-quantum narrative, stronger internal growth signals, and active options market are helping justify the sharp 42.05% weekly move and could prompt Wall Street to revisit expectations for QBTS if the trend continues.