Shares of D-Wave Quantum (QBTS) are up 57c, or 10%, to $5.95 near noon after the company announced “a scientific breakthrough” published in the journal Science, which it says confirms “that its annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems with relevance to materials discovery.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QBTS:
- D-Wave Quantum trading resumes
- D-Wave Quantum announces ‘scientific breakthrough’ published in Science journal
- D-Wave Quantum trading halted, news pending
- SkyWater Technology, D-Wave Quantum announce quantum simulation published
- D-Wave Quantum (QBTS) Is About to Report Q4 Earnings Tomorrow. Here’s What to Expect
Questions or Comments about the article? Write to editor@tipranks.com