Quantum Computing Inc. (QUBT) saw its stock soar 5.07% in pre-market trading on Tuesday, continuing the strong momentum in quantum computing stocks from the previous day. This surge comes as part of a broader rally in the quantum computing sector, which has been buoyed by recent news of potential investment from tech giant Nvidia.
The upward trend in quantum computing stocks began on Monday following reports that Nvidia is in advanced talks to invest in PsiQuantum, a quantum computing startup. This news sparked significant interest in the sector, with several quantum computing companies seeing substantial gains. Arqit Quantum jumped 31%, Quantum Corp rose 25%, and Sealsq climbed 20% on Monday.
The rally has extended into Tuesday's pre-market session, with Quantum Computing Inc. leading the pack with its 5.07% increase. Other companies in the sector also showed strength, with D-Wave Quantum up 4%, Quantum Corp rising 5%, and Arqit Quantum gaining 1%. This continued enthusiasm suggests that investors are increasingly recognizing the potential of quantum computing technology and its possible applications across various industries.
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