Quantum Computing Inc. (QUBT) shares plummeted 5.20% in Wednesday's pre-market trading, extending the downward trend observed in the quantum computing sector. This decline comes amidst heightened volatility in quantum stocks as investors anticipate NVIDIA's Quantum Day, scheduled to take place during the NVIDIA GPU Technology Conference (GTC) this week.

The sharp drop in QUBT's stock price reflects broader concerns in the quantum computing industry. While some quantum stocks have seen gains, others, including Quantum Computing Inc. and D-Wave Quantum Inc., have experienced significant sell-offs. This volatility has prompted some analysts to warn of potential pump-and-dump schemes and short squeezes within the sector.

Adding to the sector's complexity, NVIDIA recently announced plans to build a Boston-based Accelerated Quantum Research Center (NVAQC). This initiative aims to integrate quantum hardware with AI supercomputers, potentially reshaping the competitive landscape in quantum computing. As the industry faces both technological advancements and market uncertainties, investors appear to be recalibrating their positions in companies like Quantum Computing Inc.

The upcoming panel discussion featuring D-Wave Quantum, IonQ, and Rigetti Computing on Thursday may provide further insights into the sector's direction and could influence trading patterns in quantum computing stocks in the near term.