:max_bytes(150000):strip_icc()/GettyImages-2193637556-4a9039c6a7884da8b7133d620e5a296c.jpg?w=1500&resize=1500,998&ssl=1 "New Microsoft Program Gives Quantum Stocks Reprieve From Recent Losses | Global News Avenue")
New Microsoft Program Gives Quantum Stocks Reprieve From Recent Losses
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Main points
- Quantum stocks rose on Wednesday, a day after a Microsoft blog post called 2025 “the year of quantum readiness.”
- The tech giant has launched a program called “Quantum Ready” that it says involves collaboration with business leaders in the industry.
- Microsoft’s support has helped Quantum stock partially recover from recent downbeat comments from Meta Platforms CEO Mark Zuckerberg and Nvidia peer Jensen Huang.
Quantum shares rose on Wednesday, a day after Microsoft (Microsoft Corporation) blog post calls 2025 the “Year of Quantum Readiness,” alleviating a host of issues recent losses Spurred by high-profile pessimistic comments about the industry.
Rigetti Calculated Shares (Rigetti Calculated Shares)RGTI) up 15%, D-Wave Quantum (Kunshan BTS) soared 14%, IonQ (Ion Q) surged 30%, quantum computing (Quantum BT) surged 40% in recent trading.
Microsoft unveiled its “Quantum Ready” program on Tuesday, saying it will involve working with quantum computing business leaders in one-on-one workshops and industry forums. Microsoft said the program will “invest in strategic skills and access to reliable quantum computers for experimentation.”
Zuckerberg and Huang Jen-Hsun’s remarks hit quantum stocks
This blog post is a breath of fresh air for Quantum after receiving negative reviews from Meta Platforms (Mehta) CEO Mark Zuckerberg follows Nvidia (NVDA) CEO Jensen Huang says ‘very useful quantum computers’ still 15 to 30 years latersending the stock price into an upward spiral.
For example, Rigetti Computer’s stock price fell by two-thirds in three trading days, closing at $6.05 on Monday. As of Wednesday afternoon, it had rebounded to $10.30.
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