Quantum Computing Stock Surge: Fundamentals or Hype?
Quantum Computing Inc. (QCi) has seen its shares skyrocket 2,500% over the past year, drawing intense scrutiny from growth investors. The rally hinges on the transformative potential of quantum technology—a field promising to solve complex problems millions of times faster than classical supercomputers. From drug discovery to AI training, the applications could redefine entire industries.
QCi positions itself as a hardware enabler, specializing in lithium niobate (TFLN) wafers for next-gen telecom and quantum devices. Yet questions linger about whether its valuation reflects tangible progress or speculative fervor. The market's appetite for quantum plays mirrors crypto's early days, where promise often outpaced proof.