QBTS

D-Wave Quantum Inc.

2026-01-16 04:54 PM

+2.16%

D-Wave rises on breakthrough in scalable on-chip cryogenic qubit control

D-Wave announced a significant breakthrough in gate-model quantum computing, demonstrating the first scalable on-chip cryogenic control of qubits. According to TipRanks and Globe and Mail, this achievement reduces wiring complexity while maintaining fidelity, advancing commercially viable quantum computers.

Analysis

This continues the volatile pattern seen this week, with the stock bouncing back after yesterday's sharp drop. The technical breakthrough is genuinely significant for D-Wave's gate-model roadmap, though the muted volume (0.8x normal) suggests the news may already be partially priced in from yesterday's initial reaction. Institutional memory shows a similar +3.5% move was attributed to this same announcement, indicating today's gain is a continuation of that positive sentiment.

Sources

D-Wave Quantum (NYSE: QBTS) Demonstrates First Scalable, On-Chip Cryogenic Control of Gate-Model Qubits
D-Wave Quantum (NYSE: QBTS) Demonstrates First Scalable, On-Chip Cryogenic Control of Gate-Model Qubits - The Globe and Mail

Date: 2026-01-16

Price: $29.45

Type: Stock Specific

Confidence: high