Overview
- Nvidia introduced NVQLink to connect quantum processing units with GPUs and said the Department of Energy will partner to build seven AI supercomputers, a set of announcements that initially lifted quantum shares before a reversal.
- Benchmark’s David Williams called the market reaction a misread, arguing that GPU and QPU interoperability should be positive for quantum specialists like IonQ and Rigetti.
- IonQ fell 9% on Tuesday and D‑Wave dropped 8.68% after the Commerce Department said it was not negotiating equity stakes with quantum firms, trimming gains that followed earlier reports of potential government investments.
- Rigetti traded higher Wednesday morning, extending a recent rally as investors look ahead to its Nov. 10 earnings report and as sector attention stays elevated following GTC.
- Recent catalysts include Google’s Willow result on a 105‑qubit system claimed to run a verifiable algorithm 13,000 times faster than a traditional computer and Quantum Computing Inc.’s approximately $750 million private placement alongside a raised price target from Ascendiant.