Quantum computing stocks rise after Nvidia CEO says tech is at inflection point

D-Wave Quantum

11/06/2025 11:00

** Shares of Quantum computing-related companies advance premarket after comments from chipmaker Nvidia's NVDA.O CEO Jensen Huang

** Speaking at the VivaTech conference in Paris, Huang reiterated quantum computing technology is at an inflection point and that it will solve "some interesting problems" in the coming years

** Rigetti Computing RGTI.O up 4.1%, D-Wave Quantum QBTS.N gains 2.6%, Quantum Computing QUBT.O climbs 8.6% and IonQ IONQ.N rises 4%

** Shares of such companies have been rallying this year on growing hopes that the industry is close to a breakthrough in computing

** Microsoft on February 20 unveiled its Majorana 1 chip and said it is less prone to errors than rivals

** As of Tuesday's close, the Defiance Quantum exchange-traded fund QTUM.O was up more than 10% YTD

 (Reporting by Shashwat Chauhan in Bengaluru)

 ((Shashwat.Chauhan@thomsonreuters.com))