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Quantum Computing Stock Surges on U.S. Air Force Research and Trump Executive Order Speculation
Quantum Computing Stock Surges on U.S. Air Force Research and Trump Executive Order Speculation
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BTCCSquare news:
Quantum Computing Inc. (QUBT) shares skyrocketed 25.4% Friday, fueled by dual catalysts: the U.S. Air Force's planned quantum research expansion and market speculation about an impending TRUMP administration executive order to accelerate quantum technology development. The stock has gained 41% year-to-date and 168% over six months, though valuation remains extreme at 8,960x forward sales.
Lake Street Capital's bullish initiation—assigning a $24 price target—adds momentum to the rally. While quantum computing holds transformative potential for AI and cryptography, the sector remains highly speculative. Military and government interest underscores quantum's strategic importance, but commercial viability timelines remain uncertain.
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