QBTS Stock On Track To Cross 100-DMA For First Time Since January After Gaining 43% In 5 Days — What Is Powering The Surge?

• Quantum stocks have been on an upswing over the past few trading sessions, with AI bellwether Nvidia’s Ising launch earlier this week reigniting momentum in the sector.
• D-Wave Quantum CEO Alan Baratz told Yahoo Finance during an interview on Thursday that the company has already crossed the “ChatGPT moment” in quantum computing.
• He credited this to a method known as quantum annealing, which uses quantum physics to find the problem's low-energy states.

Shares of D-Wave Quantum Inc. (QBTS) gained nearly 8% in Thursday’s pre-market trade and are on track to cross the 100-day moving average for the first time since January this year.

If D-Wave shares continue the pre-market momentum through the day, this would be the fifth consecutive day of gains for the company’s stock.

D-Wave shares have surged more than 43% over the previous five trading sessions.

What Is Fueling The QBTS Rally?

Quantum stocks have been on an upswing over the past few trading sessions, with AI bellwether Nvidia Corp.’s (NVDA) Ising launch earlier this week bringing back the momentum in the sector.

On the sidelines of the Semafor World Economic Summit, D-Wave Quantum CEO Alan Baratz told Yahoo Finance during an interview on Thursday that the company has crossed the “ChatGPT moment” for quantum computing already.

Baratz credited this to a method known as quantum annealing, which uses quantum physics to find a problem's low-energy states. This technique is then used to arrive at the optimal or a near-optimal combination of elements. D-Wave’s computers are the most famous example of quantum annealers.

D-Wave’s technology is currently being used in cellular networks and pharmaceutical supply chains.

“For annealing, we've hit that point. For gate model systems. We're still a few years away from it,” Baratz added, while noting that it needs some more engineering.

Why Is This Important?

D-Wave’s approach addresses the critical power-efficiency challenge currently facing the AI industry.

Baratz stated in the interview that D-Wave’s quantum computers draw only 10 kilowatts to solve a problem and that the company’s technology can provide a solution within minutes, while a massive GPU cluster would require the “world’s power” and millions of years to achieve the same.

On Tuesday, while announcing Ising, Nvidia CEO Jensen Huang stated that AI is essential to making quantum computing practical, as Nvidia’s new open AI model aims to help enterprises turn quantum processors into large-scale, reliable computers.

“With Ising, AI becomes the control plane — the operating system of quantum machines — transforming fragile qubits to scalable and reliable quantum-GPU systems,” Huang said.

This comes at a time when AI is expected to drive a surge in global electricity demand. According to an April 2025 report by the International Energy Agency, electricity demand from data centers worldwide is projected to more than double by 2030, to 945 terawatt-hours.

How Did Retail Traders React?

Retail sentiment on Stocktwits around QBTS trended in the ‘extremely bullish’ territory, with message volumes at ‘extremely high’ levels at the time of writing.

One bullish user stated that quantum technology and nuclear are the future and hope of humanity.

QBTS stock is down 20% year-to-date, but up 201% over the past 12 months. The iShares Russell 2000 ETF (IWM) is up 44% over the past 12 months, while the Vanguard Total Stock Market Index Fund ETF (VTI) is up 31%.

Also See: MYSE Stock Is Up More Than 200% Pre-Market Today — What’s Fueling The Rally?

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