D-Wave Quantum (QBTS) Shares Surge 28% on Sixth-Generation System Launch

D-Wave Quantum Inc. (QBTS) witnessed a dramatic 28% stock price surge following the cloud release of its sixth-generation Advantage2 quantum system. The leap to $16.90 per share defied broader market declines, underscoring investor Optimism in the company’s technological leap.

The new system boasts enhanced quantum bit connectivity and superior energy efficiency—critical advancements for commercial scalability. Quarterly revenue skyrocketed 509% year-over-year to $15 million, though bookings dipped 64% to $1.6 million, revealing a complex growth trajectory.

With $304 million in cash reserves, D-Wave continues developing higher-qubit processors. Wall Street maintains an "Outperform" rating, betting on quantum computing’s disruptive potential despite near-term volatility.