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Quantum (QUBT) Stock Surges 72% in 5 Days: $20 Incoming?
Quantum (QUBT) Stock Surges 72% in 5 Days: $20 Incoming?
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Quantum Computing stock (QUBT) has experienced a significant surge of 72% over the past five days, aiming to return to the $20 mark. This level was previously reached on January 6, after which the stock underperformed. The company, owned by Alphabet Inc (GOOGL), recently unveiled its latest quantum chip, 'Willow,' which is expected to pave the way for a large-scale quantum computer. In a tech market dominated by Nvidia, Quantum Computing is striving to make its mark in the competitive AI sector. The quantum computing market is projected to reach a valuation of $125 billion by 2030, attracting significant interest from major players like Microsoft.
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