Quantum computing stocks have seen massive share price gains over the past year, with D-Wave Quantum leading the charge. The company has received attention from billionaires and hedge funds due to its unique approach to quantum computing.
D-Wave takes a different approach by focusing on quantum annealing, which is believed to be better for focused optimization problems. This technology allows quantum computers to scale more easily with more qubits, making it potentially more powerful. However, it also makes the qubits harder to manipulate, which could affect its effectiveness.
Despite some dispute over D-Wave’s approach, the company has made significant progress in the technology and has seen a 3,460% increase in stock value over the past year. Billionaires Paul Tudor Jones, Ken Griffin, and Israel Englander have all invested in the stock, citing technical chart momentum and near-term catalysts.
Investors should be cautious, as D-Wave’s market cap is $10.8 billion, but it has only reported revenue of $3.1 million and a significant loss. An investment in the stock is essentially a bet on the commercialization of quantum computers. While this offers potential for big gains if successful, there is also a risk that the stock could sell off significantly if it doesn’t work out.
For now, I recommend taking a smaller position due to the high-risk nature of the investment.
Source: https://www.fool.com/investing/2025/10/22/billionaire-pile-into-quantum-computing-stock