Is D-Wave Quantum a Millionaire-Maker Stock?
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BTCCSquare news:
D-Wave Quantum's stock has surged an astonishing 3,600% over the past year, sparking speculation about its potential to create millionaires. The rally coincides with growing investor interest in quantum computing's disruptive capabilities. Yet questions linger about whether the momentum stems from HYPE or tangible progress.
The company's recent breakthrough with its Willow quantum chip has been a key catalyst, signaling potential commercial viability. Second-quarter revenue jumped 42% to $3.1 million, driven by hardware sales to research institutions and enterprise clients. However, the path to scalability remains uncertain—D-Wave sold its first quantum system over a decade ago, underscoring the industry's slow maturation.
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