Quantum Computing Stocks Surge Following Quantinuum’s Helios Breakthrough
U.S. quantum computing stocks experienced significant gains this week, fueled by Quantinuum's unveiling of its advanced Helios system. Rigetti Computing (RGTI) ROSE 6%, D-Wave Quantum (QBTS) gained 4.3%, Quantum Computing Inc. (QUBT) climbed 3.5%, and IonQ Inc. (IONQ) advanced nearly 4%. The rally extended into Thursday's pre-market session, reflecting heightened investor optimism.
Quantinuum, formed through the merger of Cambridge Quantum Computing and Honeywell Quantum Solutions, recently secured $600 million in funding at a $10 billion valuation. Helios represents a technological leap with 98 physical and 48 error-corrected logical qubits—a 2:1 ratio that substantially enhances processing power. This development underscores the accelerating progress in quantum computing capabilities.
