The quantum computing sector has taken a pretty rough hit in this pullback. Rigetti and D-Wave are down 6-7%, Quantum Computing is also softening, and IonQ and Infleqtion couldn't escape it either 😭
A while back, Nvidia's push into quantum AI news sent the whole group soaring. Now it's a period of digesting that sentiment.
True commercial application of quantum computing is still a ways off. The volatility of these stocks is purely driven by thematic sentiment, a high-risk, high-reward game. Let's wait until the pullback finds its bottom.
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