What's Going On With D-Wave Quantum Stock Today? - D-Wave Quantum (NYSE:QBTS)
- D-Wave CEO Alan Baratz stated that Nvidia's Jensen Huang is 'dead wrong' about quantum computing, claiming D-Wave's systems are commercially viable today.
- D-Wave's stock dropped 36% after Huang's comments, despite a 600% increase over the past year, giving it a market cap of $1.6 billion.
- Nvidia's market cap rose 168% in the last year, reaching $3.4 trillion, following strong market reactions to Huang's statements.
- Baratz mentioned that companies like Mastercard and NTT Docomo are currently using D-Wave's quantum computers in production.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
