D-Wave Quantum Stock Surges on Asia-Pacific Expansion Plans
D-Wave Quantum Inc. shares jumped 7.8% Thursday afternoon following announcements of its inaugural Tokyo quantum computing conference. The event signals the company's strategic push into Asia-Pacific markets where it reports an 83% increase in technology bookings.
While revenue remains modest at $22.3 million annually, D-Wave's 150% year-over-year growth reflects mounting institutional interest in quantum solutions. The stock movement appears driven by speculative Optimism rather than concrete financials, highlighting the volatile nature of emerging tech investments.