Quantum computer-related stocks are rising one after another, bringing new optimism to the market

In pre-market trading of the recent U.S. stock market, quantum computer-related stocks are being bought across the board. Multiple quantum technology companies are showing significant gains, indicating a rapid increase in market participants’ interest in the industry.

Notable Gains in Pre-Market Trading

Stocks of quantum computer-related companies are showing steady movement. IONQ rose by 13%, RIGETTI by 12%, D-WAVE by 16%, the largest increase, and Quantum Computing also increased by 13%. These companies have already seen bullish buying in pre-market trading, revealing that investment enthusiasm for quantum technology remains strong.

On the other hand, Tesla’s stock fell by 3.3% in the same pre-market trading due to its third-quarter profits falling short of expectations, highlighting a mixed outlook for tech stocks overall.

Google Willow Announcement Stimulates the Entire Industry

The rising attention to quantum computers is driven by Google’s announcement of the quantum chip “Willow.” The company reported that this chip completed quantum chaos simulation calculations in just 2 hours, signaling a significant advancement in the practical application of quantum technology. This achievement has increased expectations for technological progress across the industry and is believed to positively influence investor sentiment.

Policy Support Boosts Market Bullish Sentiment

Under initiatives led by U.S. Deputy Secretary of Commerce Paul Dávila, negotiations are underway to facilitate exchanges of stocks and federal funding with companies like Quantum Computing and Atom Computing. The progress of such policy-level support systems is also a factor boosting investment interest in quantum computer-related stocks. The government’s active backing is fostering market confidence in the growth potential of these companies, exerting further upward pressure.