D-Wave Quantum shares jumped another 11% in premarket trading on Wednesday.
Other quantum stocks rallied as well, with shares of Sealsq Corp up 6%, Arqit Quantum up 5%, Quantum Computing up 4%, MicroCloud Hologram up 2%, Rigetti Computing up 1%.
D-Wave Quantum shares surged 25.9% on Tuesday after the company unveiled its newest quantum computer, which it claims is capable of solving problems beyond the capabilities of a classical GPU-based supercomputer.
CEO Alan Baratz said D-Wave’s computer, known as Advantage2, “marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole.”