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D‑Wave Moves Listing to Nasdaq as AT&T Expands Use of Its Quantum Systems

A pilot that cut a telecom optimization task from about one hour to under 15 seconds has prompted a broader AT&T rollout and focused investor attention on D‑Wave’s August 6 earnings report.

Overview

  • D‑Wave completed a voluntary transfer from the New York Stock Exchange to Nasdaq and marked the change by ringing the Nasdaq Opening Bell on July 27, 2026.
  • AT&T announced an expanded commercial collaboration to deploy D‑Wave’s annealing quantum systems across network operations including outage detection, traffic management, technician routing, and network build planning.
  • The companies said an early production test shortened a network‑optimization workload from roughly one hour to under 15 seconds, a roughly 240× speedup that underpins the wider rollout.
  • Markets reacted with a sharp intraday rally in D‑Wave shares and gains for other quantum peers, while the firms did not disclose financial terms for the expanded agreement.
  • Investors now look to D‑Wave’s August 6 Q2 earnings for evidence that pilot results are translating into revenue, bookings, and sustainable cash flow as the company also advances a gate‑model roadmap after acquiring Quantum Circuits.