QBTS

NVIDIA, Micron, D-Wave and Rigetti offer exposure to AI and quantum computing as the U.S.-China tech race intensifies.

If there's one thing that proponents of D-Wave Quantum Inc. NASDAQ: QBTS are likely to keep in mind after the latest round of industry earnings reports, it's that quantum computing stocks seem never to move in straight lines.

Early August brought the latest round of earnings reports for quantum computing companies, along with a chance for investors to see if any pure-play firms have begun to differentiate themselves from the competition. Results were uneven across the industry, with firms like IonQ Inc. NYSE: IONQ getting a share price boost after strong results while others, like D-Wave Quantum NASDAQ: QBTS, had a more difficult time.

IonQ's revenues surge, D-Wave's bookings soar and Rigetti advances its roadmap. Let's see which of these quantum stocks is an attractive bet at the moment.

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services, today announced that management will be participating in the following investor conferences: Needham 7th Annual Virtual Semiconductor & SemiCap Conference on August 20, 2026, attending virtually Deutsche Bank 2026 Technology Conference on August 27, 2026, in Dana Point, C.

Beyond GPUs, AI's next winners may emerge across networking, software and quantum as investment broadens and governments boost next-gen computing.

D-Wave is expanding production annealing use while mapping a staged gate-model path to commercial relevance, as 2026 revenues skew heavily to Q4.

D-Wave Quantum shares fall 5.2% after a wider-than-expected Q2 loss and revenue miss, despite stronger bookings and commercial customer exposure.

D-Wave Quantum NASDAQ: QBTS reported second-quarter 2026 revenue of $3.1 million, essentially unchanged from the year-earlier period, as growth in quantum computing-as-a-service subscriptions and professional services offset a smaller contribution from systems revenue.

Quantum computing stocks are clawing back after a bruising June and July, and Wall Street is leaning bullish into a potential 2026 "quantum advantage" milestone.