The quantum computing race is accelerating as firms move from theoretical models to functional hardware. Is IonQ (NYSE:IONQ) or Rigetti Computing (NASDAQ:RGTI) the better buy for your portfolio in 2026?
Both companies represent a high-stakes bet on the future of high-performance computing. IonQ focuses on trapped-ion technology to build its systems, while Rigetti specializes in superconducting processors. This comparison evaluates their financial health, strategic growth, and unique risks to help you decide which stock is a more compelling opportunity today.
IonQ develops trapped-ion quantum computers and offers cloud access to government, enterprise, and research customers. The company recently completed the acquisition of SkyWater Technology, establishing a domestic semiconductor foundry to bolster its infrastructure. Customer concentration like this adds a layer of risk to the business, as revenue heavily depends on a few government entities and cloud partnerships.
In FY 2025, revenue reached nearly $130.0 million, which was a 201.9% increase from the roughly $43.1 million reported in FY 2024. Despite this top-line surge, the company reported a net loss of approximately $510.4 million. The net margin was roughly -392.6%, which measures what percentage of each dollar earned as revenue remains after accounting for all expenses.
As of its December 2025 balance sheet, the debt-to-equity ratio was 0.0x, meaning total debt is zero relative to shareholder equity. The current ratio, which measures the ability to cover short-term liabilities with short-term ***** ets, was roughly 15.5x. Free cash flow was negative $299.6 million, representing cash from operations minus capital expenditures for the fiscal year.

#ionq #revenue #technology #trapped

There's a concept in biology called adaptive radiation. It occurs when a species enters a new environment with unoccupied ecological niches and rapidly evolves into multiple distinct forms. We see a similar pattern in technology. When a breakthrough technology emerges, it often triggers a wave of innovation, with a growing number of companies developing competing approaches and quickly filling what was previously an empty market.
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Quantum computing appears to be following a similar path. The technology is still in its early stages, and a few companies are already racing to bring it into commercial reality, each pursuing different architectures and strategies. Unlike traditional computers, which process information as ones and zeros, quantum computers use quantum bits, or qubits, that can represent multiple states simultaneously. That allows them to tackle certain highly complex calculations much faster than conventional computers.
The commercial potential is hard to ignore, with Grand View Research projecting the quantum computing market will expand from about $1.9 billion in 2026 to more than $8 billion by 2033.

#quantum #tipranks #computing

Investors seeking exposure to cutting-edge computing technologies often weigh the merits of artificial intelligence against quantum breakthroughs. Choosing between BigBear.ai (NYSE:BBAI) and D-Wave Quantum (NASDAQ:QBTS) requires balancing government-focused growth with commercial innovation.
BigBear.ai specializes in decision intelligence for defense and logistics, while D-Wave Quantum provides cloud-based quantum computing services. While both companies operate in the high-stakes world of advanced technology, their paths to profitability and market niches differ significantly. This comparison examines their financials, risks, and valuations to help you decide which stock fits your strategy.
BigBear.ai is a prominent name among tech stocks that provide decision intelligence solutions for supply chains and autonomous systems. The company serves the U.S. Intelligence Community and the Department of Defense alongside commercial manufacturing clients. Customer concentration like this adds a layer of risk to the business, as a few large contracts account for over half of total revenue.
In FY 2025, revenue reached nearly $127.7 million, representing a decline of approximately 19.3% compared to the previous year. The company reported a net loss of roughly $293.9 million for the period, which resulted in a net margin of nearly 230.2%. Net margin measures how much of every dollar in revenue remains as profit after all expenses are paid.
Following its early 2026 debt conversion, the company's debt-to-equity ratio sits at approximately 0.0x, meaning it carries virtually no debt relative to its shareholder equity. This builds on a solid December 2025 foundation where the current ratio was nearly 1.8x, giving the company a strong short-term liquidity buffer. Free cash flow for 2025 was roughly negative $46.3 million, representing the cash remaining after the business pays for its operations and equipment.

#defense

There's a concept in biology called adaptive radiation. It occurs when a species enters a new environment with unoccupied ecological niches and rapidly evolves into multiple distinct forms. We see a similar pattern in technology. When a breakthrough technology emerges, it often triggers a wave of innovation, with a growing number of companies developing competing approaches and quickly filling what was previously an empty market.
Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
Quantum computing appears to be following a similar path. The technology is still in its early stages, and a few companies are already racing to bring it into commercial reality, each pursuing different architectures and strategies. Unlike traditional computers, which process information as ones and zeros, quantum computers use quantum bits, or qubits, that can represent multiple states simultaneously. That allows them to tackle certain highly complex calculations much faster than conventional computers.
The commercial potential is hard to ignore, with Grand View Research projecting the quantum computing market will expand from about $1.9 billion in 2026 to more than $8 billion by 2033.

#computers #market #investing

Honeywell Technologies (NASDAQ:HON) used to be one giant company that made everything from thermostats to jet engines. Not anymore. Over the past year, it split into three separate public companies: Solstice Advanced Materials, spun off last October; Honeywell Aerospace, spun off just last month; and Honeywell Technologies, the automation business that's left, which is what CEO Vimal Kapur now runs. This week's earnings report was the first one for Honeywell Technologies as its own standalone firm, and the stock jumped more than 5% on the news.
Since the aerospace spinoff only finished right at the end of the quarter, this report still includes some of Honeywell Aerospace's results mixed in, which makes straight comparisons tricky. Total revenue, including that leftover aerospace piece, came in at $9.72 billion, up 4% from a year ago and beating the roughly $9.5 billion **** ysts expected. Strip aerospace back out, and revenue for just the automation business was $5.19 billion, up 3%, beating the $5.02 billion Wall Street had modeled specifically for the smaller, standalone company.
On profit, adjusted earnings per share, including the leftover aerospace results came in at $4.52, actually down 4% from $4.72 a year earlier. On a standalone basis without aerospace, adjusted earnings were $1.95 a share, up 10% from $1.77 a year ago and beating the $1.82 **** ysts expected for the new, smaller Honeywell Technologies. There was also a one-time boost: net profit under standard accounting rules hit $5.68 billion, largely because of a $6.63 billion one-time accounting gain tied to deconsolidating Quantinuum, Honeywell's quantum computing venture, a separate transaction from the aerospace spin-off, not from the actual operating business doing better.
That raises a real question. Is this a genuinely strong first quarter as a standalone firm, or does the messy, one-time nature of a spinoff quarter make it hard to tell what Honeywell Technologies (NASDAQ:HON) actually looks like going forward?
All three of Honeywell's remaining automation segments grew organically, and orders for the standalone business overall grew 16%, with backlog reaching about $20 billion. Building Automation was the standout, with organic sales up 9% and orders up 13%, driven by strong demand from data centers and hotels. Industrial Automation grew sales 4% organically on strong demand for sensing and measurement equipment. Process Automation, the one segment with sales down slightly this quarter, actually saw orders surge 24%, with Middle East orders alone up more than 50% on refurbishment projects, and management expects a "sharp inflection" in that segment's growth starting in the third quarter. Kapur said the results reflect a "year-plus long process to simplify our business," and that the benefits are already showing up.

#automation #technologies #year #business

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The U.S. government has invested billions of taxpayer dollars over the past year to acquire stakes in companies it believes are strategically important to competing with China. The investments span industries including semiconductors, rare earths, lithium and quantum computing, and represent a departure from traditional industrial policy, with Washington increasingly taking direct ownership stakes instead of relying primarily on grants, loans and tax incentives.
Treasury Secretary Scott Bessent explained the administration's reasoning during a CNBC interview (1) last year.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold

#Gold #year #finance #China

Shares of D-Wave Quantum (NYSE: QBTS) jumped Monday morning on the announcement that AT&T (NYSE: T) is expanding its use of the company's quantum computing technology across its network operations. This is excellent news in a rough year for D-Wave's stock, which is down more than 26% in 2026.
So should investors buy D-Wave Quantum's stock now?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
This new agreement with AT&T expands on a pilot program that demonstrated D-Wave's annealing quantum computing cut processing time for a network optimization workload by 240x, from approximately one hour to 15 seconds.
Ultimately, this result with AT&T could catalyze D-Wave as other companies take notice of the real-world results from the pilot program. The quantum computing industry as a whole could use a boost, having largely lost investor enthusiasm this year after a 2025 run-up.

#NYSE

Folksy wisdom holds that the surest way to make money during a gold rush was to sell shovels rather than swing picks. As with many emerging industries, quantum computing could be reviving that old dynamic, at least for a while, and it's no surprise why.
In particular, Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- none of which earn a meaningful sum from quantum yet -- could prove to be the best upstream providers to the quantum computing industry. The whole industry could be worth as much as $4.4 billion by 2028, according to research by McKinsey, up from being worth $1 billion today.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Which of these three businesses is best positioned to capture a slice of that growth, not to mention whatever happens in the long run?
Nvidia doesn't build a quantum chip, and it might not ever.

#industry #billion

Quantum computing has been a white-hot industry for investors, but who's actually winning the quantum computing race?
The answer depends on what you mean by "winning." If you're asking which company has made the most progress commercially, I think the answer is fairly straightforward: IonQ. But it's still early innings.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
If you're asking who will build the first truly useful quantum computer, that's a much more interesting question, and the truth is, it's much too early to tell that just yet.
Let's take a look at both IonQ and Rigetti Computing.

#signal

While artificial intelligence (AI) has been the buzz of Wall Street over the last two years, it's not the only trend responsible for lifting the market's major stock indexes to new heights. Investor hype surrounding quantum computing deserves its fair share of credit.
Investors who had the foresight and luck to invest in pure-play quantum computing leaders IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) in mid-July 2024 are sitting on potentially life-altering gains. Shares of IonQ have more than quadrupled, while shares of Rigetti and D-Wave have skyrocketed by nearly 1,200% and 1,500%, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Professional and everyday investors are excited about the real-world applications of quantum computers, which include dramatically accelerating the learning curve for AI-driven large language models.
But this next-big-thing technology may not be all that it's cracked up to be -- at least according to the individuals who know IonQ, Rigetti Computing, and D-Wave Quantum best.

#computing

What a time for tech investors. Quantum computing looks like a remarkable follow-up to artificial intelligence (AI). Researchers at McKinsey estimate that quantum computing could create up to $2.7 trillion in economic value for companies worldwide by 2040. Quantum computers could unlock new possibilities across applications, ranging from drug discovery to cybersecurity and AI.
D-Wave Quantum (NYSE: QBTS) is a promising quantum computing company. Its quantum annealing systems are already commercially available, and the acquisition of Quantum Circuits earlier this year gives it a pathway to gate-model systems. As a result, the company can pursue a broad range of commercial opportunities.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But is D-Wave Quantum stock actually a millionaire-maker? Investors may want to temper their expectations.
Many millionaire-maker stocks start out really small. That's because it's usually much easier for a stock's market cap to grow from $500 million to $5 billion than it is to go from $50 billion to $500 billion. It's just difficult to grow large numbers for all but the most exceptional businesses. D-Wave Quantum's current market cap of $6.2 billion doesn't seem huge at first glance. That's until you look at the actual business, which is still in its infancy.

#wave #NVIDIA #computing #company

Interested in Netflix, Inc.? Here are five stocks we like better.
A broad technology sector sell-off pressured the S&P 500 and NASDAQ this week, while energy and financial stocks gained on Strait of Hormuz tensions and strong bank earnings.
Netflix disappointed investors with a mixed earnings report, and next week's earnings from Alphabet will offer a key signal on the AI infrastructure trade's health.
MarketBeat **** ysts covered a range of stocks and sectors this week, including Micron, Fastenal, Johnson & Johnson, SanDisk, Broadcom, Apple, Microsoft, Meta, PayPal, and quantum computing names.
Another manic market week was punctuated by a tech wreck that pressured the S&P 500 and NASDAQ indexes. Nothing was working in the technology sector: chipmakers, neocloud providers, and hyperscalers were all down, as investors grew impatient or just tired of the artificial intelligence (AI) trade.

International Business Machines Corporation (NYSE:IBM) is one of the Best Quantum Computing Stocks to buy and Hold Forever. The company runs a growing fleet of superconducting quantum processors, offers cloud access to them through IBM Quantum, and has a public roadmap targeting fault-tolerant quantum computing by the end of the decade.
Recently, on July 9, International Business Machines Corporation (NYSE:IBM) announced major updates to Bob, which is the company's agentic software development platform. The updates add multi-agent capabilities, built-in cost ******* ytics, and pre-built workflows for modernizing enterprise systems.
Management noted that the updates are a response to shifts in software development challenges. The company's survey shows most DevSecOps professionals now see reviewing and validating AI-written code as the bigger bottleneck, rather than writing it. The platform is designed to support engineering work across the full development lifecycle, not just a single coding interface.
Management added that a new feature called Bobalytics gives organizations visibility into productivity, quality, performance, and AI spend, helping them balance cost against performance more effectively. Moreover, other new capabilities include parallel, model-native tool calling, which lets models request multiple tools in a single turn, and "subagents" that isolate context for complex tasks to control cost and improve response speed.
International Business Machines Corporation (NYSE:IBM) operates as an integrated solutions and services provider across the Asia Pacific, the Americas, the Middle East, Europe, and Africa. The company operates in the Infrastructure, Software, Financing, and Consulting segments.

Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Quantum Computing Stocks to buy and Hold Forever. The company has a dedicated research division building superconducting quantum processors like Sycamore and the newer Willow chip.
Recently, on July 2, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) aims to raise more than $80 billion in equity offerings and a major investment from Berkshire Hathaway to fund its expensive AI infrastructure buildout. The deal also signals Berkshire's confidence in the company's AI and cloud strategy.
The report noted that Berkshire will buy $10 billion in stock through a private placement. This will include $5 billion in Class A shares at $351.81 each and $5 billion in Class C shares at $348.20 each. This adds to Berkshire's position, which it has been building since last year. With around $16.6 billion, Alphabet becomes one of Berkshire's largest holdings.
As per Reuters, ***** ysts have framed the purchase as a vote of confidence from Berkshire CEO Greg Abel that Alphabet's AI spending will pay off despite the dilution from new shares. Moreover, the company also plans to raise $30 billion through public offerings split between convertible preferred stock and common shares, plus a $40 billion at-the-market program launching in the third quarter for gradual share sales.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.

NVIDIA Corporation (NASDAQ:NVDA) provides GPUs and the CUDA-Q platform for quantum simulation, hybrid quantum-classical workloads and the integration of quantum processors with accelerated computing systems.. It is also one of the Best Quantum Computing Stocks to buy and Hold Forever.
Recently, on July 11, Morgan Stanley reiterated NVIDIA Corporation (NASDAQ:NVDA) as its top semiconductor pick and also maintained a Buy rating with a $288 price target. The rating and the research note came after the firm met with the company's top management.
The firm noted that from the meeting it extracted that Nvidia's growth is increasingly coming from beyond traditional AI hyperscalers. In addition, management expressed confidence that revenue growth can keep accelerating even as quarterly sales near $100 billion. Morgan Stanley said demand is diversifying across AI labs, hyperscalers, enterprise customers, neoclouds, and sovereign AI projects. That broader mix reduces the risk of Nvidia's results depending too heavily on a small group of big-spending cloud companies.
Moreover, networking and CPUs are becoming meaningful growth drivers within hyperscale customers as well. The firm also pointed to sovereign AI, industrial applications, and enterprise adoption as areas likely to grow in importance as countries and companies build out their own AI infrastructure.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.

Microsoft Corporation (NASDAQ:MSFT) is a key quantum computing stock through its Azure Quantum, which is a cloud platform that gives access to multiple quantum hardware providers. The stock also ranks as one of the Best Quantum Computing Stocks to buy and Hold Forever.
Recently, on July 9, Citi noted that the firm's Q2 2026 survey of 100 IT decision makers found Microsoft Corporation (NASDAQ:MSFT) as the top vendor CIOs are considering increasing AI spend with, ahead of Amazon and Google. The survey also found an improving spending backdrop compared to the previous quarter. This was evident as both the US and EMEA IT budgets for the next 12 months accelerated as AI investment continued to gain priority.
More specifically, forward IT budget growth expectations rose to 3.3%, up from 2.6% in the March 2026 survey, a figure Citi said sits 0.8 percentage points above the seven-year historical average. Moreover, EMEA budget growth climbed to 3.9%, while US growth rose to 3.0%. The firm noted that Data **** ytics and AI remained the top investment priority and gained further share, followed by cybersecurity, digital transformation, and customer-facing applications. Citi noted web security jumped into the top-priority group, driven by a surge in bot and agentic internet traffic along with expanding API surfaces.
Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.
While we acknowledge the risk and potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

IONQ tumbled 8% while QBTS, RGTI, and QUBT declined 6% as Strait of Hormuz tensions and an oil spike triggered broad risk-off selling across quantum stocks.
With the NASDAQ 100 tracking QQQ ETF down 1.48%, the QTUM ETF's diversified model limited its drop to just 2.42%, which is far less than the 6% to 8% losses seen in some pure-play quantum names.
IonQ's 103x P/E ratio and beta of 3.23 amplify its losses on macro sell-off days, despite a 755% year-over-year revenue surge in Q1.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and IonQ didn't make the cut. Grab the names FREE today.
Quantum computing stocks are the sharpest casualties in Monday morning trading, with the group selling off in unison even though there is no company-specific news driving the move. IonQ (NYSE:IONQ) stock is leading the decline, down 8% to $39.52 and extending a rough stretch that has already carried the shares 31% lower over the past month.

Updated July 10, 2026, 4:48 pm EDT / Original July 10, 2026, 8:36 am EDT
IBM
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may be the premier way to play the burgeoning quantum-computing market, but mounting threats to its consulting business have Wall Street feeling wary.
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As the race for quantum supremacy intensifies, investors are weighing the commercial momentum of D-Wave Quantum (NYSE:QBTS) against the specialized architecture of Rigetti Computing (NASDAQ:RGTI) to decide which is the better buy.
Both companies are pioneers in the quantum ****** e, yet they pursue different technical paths to reach quantum advantage. While D-Wave focuses on solving optimization problems today, Rigetti is building general-purpose quantum computers designed for broad future applications across diverse industries.
D-Wave Quantum specializes in quantum annealing, a specific type of computing designed to solve complex optimization problems such as logistics and manufacturing schedules. The company delivers these services through its Leap cloud platform, serving over 100 organizations including NASA and the Oak Ridge National Laboratory. Following the acquisition of Quantum Circuits Inc. in early 2026, the company now offers a dual-platform strategy that incorporates gate-model computing alongside its established annealing technology.
In its 2025 fiscal year (FY), revenue reached $24.6 million, representing a significant revenue growth of 178.5% compared to the prior year. Despite this rapid top-line expansion, the company reported a net loss of $355.1 million for the period. This trend reflects the high costs of scaling emerging technologies in the quantum computing sector, which remains highly competitive.
As of its December 2025 balance sheet, the company maintained a debt-to-equity ratio of 0.1x. This ratio measures total debt against shareholder equity, with a lower number indicating that a company is not heavily reliant on borrowed funds. The current ratio stands at 42.4x, which measures the ability to pay short-term liabilities with current ****** ets. Free cash flow was negative at $75.8 million, calculated as cash from operations minus capital expenditures.

The electric vehicle (EV) industry has been going through turmoil, and barring market leader Tesla (TSLA), no other player has been able to make money in the U.S. market. Legacy automakers, which announced ambitious vehicle electrification plans, have lately been licking their wounds and booking massive losses.
The quantum of losses the Detroit Big 3 have announced is gigantic. Ford (F) announced a $19.5 billion write-down in its EV business in December 2025. General Motors (GM), which had once declared that it wouldn't sell gasoline cars after 2035, has written down $7.6 billion. Stellantis (STLA), meanwhile, leads the pack with a charge of $26.5 billion.
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IQM Quantum Computers (Nasdaq:IQMX) has secured a contract with the LUMI AI Factory, led by CSC – IT Center for Science, to deliver a next-generation quantum computer that will be installed at CSC's facility in Finland.
The system, known as LUMI-IQ, is expected to be delivered in 2027 and will feature a 150-qubit quantum processing unit. It will be integrated with the LUMI AI Factory's existing high-performance computing and artificial intelligence infrastructure, with future upgrades planned to increase both processing power and qubit capacity.
According to IQM's prospectus published on July 1, 2026, the value of the contract is approximately equal to the company's total revenue for the financial year ended December 31, 2025.
The project will be jointly funded by the EuroHPC Joint Undertaking together with the governments of Finland, Czechia, Norway and Poland.
LUMI-IQ will be used to advance research into quantum error correction and fault-tolerant quantum computing while providing access to researchers, developers and industrial users across Europe.

D-Wave Quantum Inc. (NYSE:QBTS) is one of the top mid-cap stocks to own for decades, according to hedge funds. On June 30, D-Wave Quantum Inc. (NYSE:QBTS) was selected to receive a $1.57 million grant from the US National Science Foundation.
Copyright: fotomaximum / 123RF Stock Photo
The $1.57 million grant supports the company's participation in ERASE, a project developing technologies for fault-tolerant quantum computing. The program brings together researchers and industry organizations to advance the dual-rail gate model for quantum computing hardware, software, and applications.
Under the terms of the agreement, D-Wave Quantum is to provide access to its dual-rail gate model quantum computing technology. Erase researchers can access D-Wave Quantum's platform through selected development interfaces.
D-Wave Quantum has already confirmed a letter of intent for $100 million in proposed CHIPS and Science Act funding to develop annealing- and gate-model quantum computing systems. The project is poised to extend the company's relationship with Yale University, which is also spearheading the ERASE program.

Over the past year, quantum computing stocks have emerged as a compelling complement to mainstream opportunities in the artificial intelligence (AI) ecosystem. While classical AI systems have demonstrated impressive capabilities in pattern recognition and generative tasks, many high-value problems remain computationally strained.
Quantum machines leverage properties known as superposition and entanglement to better explore solutions in more sophisticated applications. This opens the door to hybrid quantum-classical environments that could usher in waves of better data, tighter constraints, and new algorithms for AI.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
According to an **** ysis by management consulting firm McKinsey & Company, quantum AI could generate between $1.3 trillion and $2.7 trillion in economic value by 2035. McKinsey sees quantum computing playing a critical role across energy and materials, pharmaceuticals, financial services, and travel and logistics, as well as advanced electronics and defense systems.
In my view, three companies stand out in the quantum AI arena for distinct reasons: Nvidia (NASDAQ: NVDA), IonQ (NYSE: IONQ), and Quantinuum (NASDAQ: QNT). Let's dig into how each of these companies is involved with quantum computing and **** s their respective investment profiles.

QuantumScape (NASDAQ: QS) wants to revolutionize electric vehicle (EV) batteries with its solid-state battery technology. The company has made good progress toward proving the concept and commercializing its technology.
That may lead investors to question why QuantumScape stock plunged 27.4% in the first half of 2026, according to data provided by S&P Global Market Intelligence. Here's a look at where the business and the stock stand at the midyear point.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
QuantumScape hit some important milestones last year. They included:
An expanded development effort and licensing deal with Volkswagen Group's battery maker, PowerCo.

Infleqtion Inc. (NYSE:INFQ) is one of the best new tech stocks to buy according to ****** ysts. On June 22, Infleqtion launched America's Quantum ****** e Initiative, partnering with Voyager Technologies, Armada, Monarch Quantum, and the University of Colorado Boulder. This collaboration aims to accelerate the development and deployment of quantum technologies, such as sensing, computing, and communications, for future ****** e infrastructure.
The initiative uses the combined expertise of industry and academic leaders to transition quantum innovations from laboratory demonstrations to operational ****** e applications. By connecting diverse stakeholders through a new Quantum ****** e Hub, the coalition plans to foster breakthroughs that enhance precision, resilience, and autonomy in critical ****** e systems.
This strategic effort seeks to solidify US leadership in next-generation technology by addressing complex challenges in deep-space exploration, mission optimization, and lunar infrastructure. Through ongoing research and public-private partnerships, the initiative will focus on establishing the foundational capabilities necessary to shape the future of the ****** e economy.
Infleqtion Inc. (NYSE:INFQ) develops and commercializes quantum technology products.
While we acknowledge the potential of INFQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Quantum computing's potential to accelerate complex computations opens a new frontier of technological innovation. Investors have piled into quantum computing stocks in anticipation of the investment opportunities quantum computing could create over the next decade.
D-Wave Quantum (NYSE: QBTS), an early-stage quantum computing company that's begun ramping up its commercial operations, has been one of the hottest names in the ******* e. Shares of D-Wave Quantum have traded between $12 and $46 over the past year and currently sit somewhere near the middle at $24 per share. With the business building momentum, is the stock a buy now? Here's why investors may want to hold off for now.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
D-Wave Quantum is developing annealing and gate-model quantum computer systems, software, and services for commercial applications. The company hasn't generated much revenue to date, as quantum computers aren't yet reliable enough for everyday commercial applications. The business is just getting started, with trailing-12-month revenue of just $12.4 million.
That said, D-Wave Quantum's order backlog took a big leap in the first quarter of 2026. The company sold a computer system to Florida Atlantic University for $20 million. It inked a $10 million agreement with a Fortune 100 customer for cloud-based access to quantum computing, which investors could think of as quantum computing-as-a-service.

We just covered The Next SanDisk: 9 Potential Breakout AI Stocks You Shouldn't Miss. QuantumScape Corp (NASDAQ:QS) ranks #3 (see The Next SanDisk: 5 Potential Breakout AI Stocks You Shouldn't Miss).
Number of Hedge Fund Investors: 35
QuantumScape Corp (NASDAQ:QS) is a battery technology company developing solid-state batteries for electric vehicles. The stock has plummeted 37% so far this year, with retail investors believing it could break out once the company actually starts producing batteries commercially. However, the stock carries heavy short interest at 15.36%, meaning a lot of investors are betting against it.
The bear case is straightforward: QuantumScape (NASDAQ:QS) has been making the same tiny 5 amp-hour battery cell for years. That's small. Like, not useful for actual cars. The company keeps shipping these B and B1 sample cells to partners, but it never scales up to bigger, more powerful versions that vehicles actually need. For a stock that's raised billions to revolutionize battery tech, that's a real problem.
But the company says the cell size doesn't matter yet. What matters is they figured out how to actually make these cells reliably. They upgraded their manufacturing process from something called Raptor to Cobra. The separator—the internal layer that keeps battery parts from touching—works way better now. Fewer defects. Faster production. They built a pilot line called Eagle Line and proved they can scale it up.

Interested in AppLovin Corporation? Here are five stocks we like better.
Wall Street ****** ysts forecast more than 30% upside for AppLovin, Quantinuum, and ServiceTitan despite notable insider trading activity across all three stocks.
Quantinuum saw more than 10 insiders purchase nearly $25 million in shares following its IPO, an unusually bullish signal given that insiders typically sell post-IPO.
AppLovin CEO Adam Foroughi sold approximately $51 million in discretionary shares in June, though he retains a stake valued at more than $1 billion.
Insiders are making notable trades across several tech stocks. This includes the newest quantum stock on the market, which is seeing significant insider purchases right out of the gate. Meanwhile, insiders are selling two other notable software companies. However, when it comes to ****** yst forecasts, upside is something that all three have in common.

Quantum Cyber (QUCY) stock has been one of the market's biggest speculative winners this year. Shares have gained about 45% in 2026 and more than doubled over the past three months as investors embraced the company's push into autonomous defense technologies and quantum-enabled military systems.
The latest catalyst arrived this week. Quantum Cyber announced that its board approved the engagement of investment bankers to pursue the acquisition of an equity stake in **** eX (SPCX). That headline immediately grabbed investors' attention. **** eX remains one of the world's most valuable private companies, and any connection to Elon Musk's aerospace giant tends to generate excitement.
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Every boom has its believers. The smartest investors also spend time thinking about what happens if the story falls apart. That's precisely where Mark Cuban went on X June 26, laying out what he believes are "multiple ways" today's AI race could unravel if the public starts viewing leading models as "toxic." Yet even after walking through the bear case, he arrived at the same conclusion: he's still bullish on AI.
Responding to a critic on X, Cuban argued that the companies leading the AI race are spending extraordinary amounts of money because they fear the industry could become a winner-take-all market, much like internet search.
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