logo
#

Latest news with #QuantumDay

Quantum Stocks Jump as Nvidia Sees Inflection Point
Quantum Stocks Jump as Nvidia Sees Inflection Point

Yahoo

time2 days ago

  • Business
  • Yahoo

Quantum Stocks Jump as Nvidia Sees Inflection Point

Nvidia (NASDAQ:NVDA) CEO Jensen Huang said quantum computing is at an inflection point, sparking a premarket rally in quantum stocks after he highlighted Nvidia's Cuda Q service and suggested qubit-based systems will tackle real-world challenges in the coming years. Warning! GuruFocus has detected 4 Warning Signs with NVDA. At GTC Paris, Huang said the industry has moved from distant promise to practical reach, noting that we're within grasp of using quantum computers to solve some interesting problems. His bullish tone reversed a January warning that quantum use cases lay two decades awaya stance he revised at March's Quantum Day event. Investors bid up IonQ (NYSE:IONQ) 3.6%, Quantum Computing (NASDAQ:QUBT) 8.3%, D-Wave Quantum (NYSE:QBTS) 2.7%, Arqit Quantum (NASDAQ:ARQQ) 2.7% and Rigetti Computing (NASDAQ:RGTI) 4.5% on expectations that partnerships like Nvidia's recent collaboration with IonQ, AWS and AstraZeneca on a quantum-accelerated chemistry workflow will accelerate commercialization. Huang emphasized that Cuda Q's integration with qubit hardware and GPU acceleration will help hybrid quantum-classical models deliver speedups beyond classical limits, driving enterprise adoption across pharmaceuticals, finance and logistics. He reiterated Nvidia's roadmap for expanded quantum services on its AI Cloud, aiming to democratize access to QPUs through Amazon Braket and other platforms. Why It Matters: Huang's pivot to optimism on quantum signals that the sector may be nearing commercially viable applications, potentially unlocking a multibillion-dollar market for hardware, software and cloud services. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Quantum stocks surge as Nvidia CEO says technology reaching 'inflection point'
Quantum stocks surge as Nvidia CEO says technology reaching 'inflection point'

Yahoo

time2 days ago

  • Business
  • Yahoo

Quantum stocks surge as Nvidia CEO says technology reaching 'inflection point'

Quantum computing stocks surged in early trading Wednesday after Nvidia (NVDA) CEO Jensen Huang made bullish comments about the technology at the chipmaker's GTC Paris developer conference. Quantum Computing (QUBT) rose more than 32% Wednesday morning. Rigetti Computing (RGTI) jumped over 17%, and IonQ (IONQ) climbed 7%. The companies make quantum computing hardware and software. By comparison, the S&P 500 (^GSPC) was trading flat. Huang told a crowd Wednesday that "we are within reach" of using quantum computers for "areas that can solve some interesting problems in the coming years." "Quantum computing is reaching an inflection point," he said. Investors perceived the comments as bullish on the timeline compared to the tech CEO's earlier remarks about the technology. Huang told Wall Street analysts in January that "very useful quantum computers" were likely two decades away, sending quantum stocks spiraling. The Nvidia executive later walked back those comments. Huang's commentary comes a day after IBM (IBM) said it is building the world's first large-scale quantum computer capable of operating without errors, which is set to launch by 2029. Currently, quantum computers are plagued by errors. Both AI and traditional computers are "classical" computers that rely on linear algebra, whereas quantum computers rely on quantum mechanics and advanced mathematics, allowing for far more processing capabilities and making them more useful for solving certain problems in fields such as cybersecurity, cryptography, and chemistry. But the computers are fragile and prone to producing errors, which has set back the industry from introducing useful quantum computers. IBM's announcement marked a "significant" step toward that goal, analysts told Yahoo Finance. Big Tech companies such as Google (GOOG), Amazon (AMZN), and Microsoft (MSFT) have also been progressing in their own quantum efforts. Amazon and Microsoft announced two quantum chips in February. Google released a quantum computing chip called Willow in December, saying the technology "paves the way to a useful, large-scale quantum computer." AI chipmaker Nvidia has also looked to get a slice of the burgeoning market. Nvidia hosted its first "Quantum Day" in March 2025, shortly after announcing that it would build a quantum research center in Boston. Laura Bratton is a reporter for Yahoo Finance. Follow her on Bluesky @ Email her at

Quantum stocks rise as Nvidia CEO says technology reaching ‘inflection point'
Quantum stocks rise as Nvidia CEO says technology reaching ‘inflection point'

Yahoo

time2 days ago

  • Business
  • Yahoo

Quantum stocks rise as Nvidia CEO says technology reaching ‘inflection point'

Quantum computing stocks jumped in early trading Wednesday after Nvidia (NVDA) CEO Jensen Huang made bullish comments about the technology at the chipmaker's GTC Paris developer conference. Quantum Computing (QUBT) rose more than 14% after market open, while Rigetti Computing (RGTI) jumped more than 8%. IonQ (IONQ) rose over 3%, and D-Wave (QBTS) traded up nearly 1%. The companies make quantum computing hardware and software. By comparison, the S&P 500 (^GSPC) was trading flat. Huang told a crowd Wednesday that 'we are within reach' of using quantum computers for 'areas that can solve some interesting problems in the coming years.' 'Quantum computing is reaching an inflection point,' he said. The comments were perceived by investors as bullish on the timeline compared to the tech CEO's earlier remarks about the technology. Huang told Wall Street analysts in January that 'very useful quantum computers' were likely two decades away, sending quantum stocks spiraling. The Nvidia executive later walked back those comments. Huang's commentary comes a day after IBM (IBM) said it is building the world's first large-scale quantum computer capable of operating without errors, which is set to launch by 2029. Currently, quantum computers are plagued by errors. Both AI and traditional computers are 'classical' computers that rely on linear algebra, whereas quantum computers rely on quantum mechanics and advanced mathematics, allowing for far more processing capabilities and making them more useful for solving certain problems in fields such as cybersecurity, cryptography, and chemistry. But the computers are fragile and prone to producing errors, which has set back the industry from introducing useful quantum computers. IBM's announcement marked a 'significant' step toward that goal, analysts told Yahoo Finance. Big Tech companies such as Google (GOOG), Amazon (AMZN) and Microsoft (MSFT) have also been progressing in their own quantum efforts. Amazon and Microsoft announced two quantum chips in February. Google released a quantum computing chip called Willow in December, saying the technology "paves the way to a useful, large-scale quantum computer." AI chipmaker Nvidia has also looked to get a slice of the burgeoning market. Nvidia hosted its first "Quantum Day" in March 2025, shortly after announcing that it will build a quantum research center in Boston. Laura Bratton is a reporter for Yahoo Finance. Follow her on Bluesky @ Email her at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Nvidia Ignites Quantum Stocks Rally With Bold Forecast at Paris Event
Nvidia Ignites Quantum Stocks Rally With Bold Forecast at Paris Event

Yahoo

time2 days ago

  • Business
  • Yahoo

Nvidia Ignites Quantum Stocks Rally With Bold Forecast at Paris Event

June 11 - Quantum-focused stocks climbed in early trading Wednesday after Nvidia (NVDA) Chief Executive Jensen Huang said the sector is approaching a critical phase in its development. Speaking at the GTC conference in Paris, Huang said quantum computing is nearing an inflection point, citing growing progress in making the technology more applicable for real-world problems. He also highlighted Nvidia's Cuda Q platform, a quantum computing service introduced to support further industry growth, according to a Wednesday press release. Warning! GuruFocus has detected 3 Warning Signs with RGTI. Huang said quantum systems, which process data using qubits rather than traditional bits may soon be capable of tackling meaningful challenges across industries. IonQ (NYSE:IONQ) shares advanced about 4% following the remarks, while Rigetti Computing (NASDAQ:RGTI) rose 5%. Quantum Computing (NASDAQ:QUBT) jumped 8%, and both D-Wave Quantum (NYSE:QBTS) and Arqit Quantum (ARQQ) added nearly 3%. Huang's comments mark a shift in tone. In January, he said practical use cases for quantum computing were still decades away. But by March, he revised that outlook during Nvidia's first Quantum Day, suggesting faster progress than previously expected. Earlier this week, Nvidia said it partnered with IonQ, Amazon Web Services, and AstraZeneca to develop a quantum-enhanced workflow in computational chemistry. This article first appeared on GuruFocus.

SEALSQ to Invest $10 Million in WISeSat.Space to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions
SEALSQ to Invest $10 Million in WISeSat.Space to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions

Yahoo

time14-05-2025

  • Business
  • Yahoo

SEALSQ to Invest $10 Million in WISeSat.Space to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions

Geneva, Switzerland, May 14, 2025 (GLOBE NEWSWIRE) -- SEALSQ to Invest $10 Million in to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions QKD capability offers scalable, recurring "Satellite-as-a-Service" revenue for SEALSQ. SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, during its Quantum Day in France, announced the intention to invest $10 million in AG ('WISeSat'), and join its parent company, WISeKey International Holding Ltd ('WISeKey', SIX: WIHN; Nasdaq: WKEY) as a strategic investor in the WISeSat satellite constellation. Of note, WISeSat, a subsidiary of WISeKey, focuses on space technology for secure satellite communication, specifically for IoT applications. This investment, which is subject to, amongst other requirements, final approval by the Board of Directors of SEALSQ, marks a significant milestone in building the world's first quantum-resilient satellite network, capable of delivering ultra-secure communications and transactional IoT (t-IoT) services from space. The June 2025 mission will also feature a Proof of Concept (PoC) showcasing SEALCOIN's ability to enable decentralized, autonomous transactions between satellites and IoT devices. Powered by Hedera's Decentralized Ledger Technology (DLT), SEALCOIN ensures secure, transparent, and tamper-proof exchanges, laying the groundwork for a scalable Transactional IoT (t-IoT) ecosystem. This capability opens new opportunities for machine-to-machine (M2M) transactions in industries such as smart cities, automating resource management and infrastructure control; logistics, securing real-time tracking and automated payments; and remote sensing and environmental monitoring, enabling data monetization and autonomous operations. SEALSQ's investment goes beyond technology — it unlocks a transformational business opportunity to connect and secure trillions of IoT devices globally, across industries such as logistics, smart cities, energy, agriculture, and defense. Leveraging WISeSat's satellite constellation, SEALSQ can extend its Post-Quantum Chip and Root of Trust technologies directly to IoT devices anywhere on Earth, including remote and hard-to-reach locations. This capability introduces a scalable "Satellite-as-a-Service" revenue model, enabling organizations worldwide to subscribe to secure, real-time IoT communications services. This model provides recurring revenue streams based on connectivity subscriptions, data monetization, and decentralized transactional services using SEALCOIN, WISeKey's blockchain-based transaction platform. The global quantum communication market which reached over $1 billion in 2024, is projected to grow at a CAGR of 31.8% from 2025 to 2030, driven by the escalating demand for unbreakable security in finance, healthcare, defense, and critical infrastructure. With cyberattacks becoming more sophisticated, traditional encryption methods are increasingly vulnerable. QKD, a cornerstone of quantum communication, provides unparalleled security by leveraging the laws of quantum mechanics. Unlike classical encryption, QKD generates keys that cannot be intercepted or copied without detection, safeguarding sensitive data in sectors such as: Finance, ensuring secure transactions and data privacy, Healthcare, protecting patient records and medical data, and, Defense, securing mission-critical communications and national infrastructure. By integrating QKD with WISeSat's satellite-based infrastructure, SEALSQ and WISeKey are poised to capture a leadership position in this rapidly expanding market. Building on previous successful missions, WISeKey is preparing for multiple WISeSat deployments in 2025 aimed at expanding the satellite network for global coverage and redundancy, integrating AI-driven security analytics and real-time data processing, and developing hybrid terrestrial-satellite solutions for seamless, secure IoT connectivity. An upcoming mission, currently scheduled for Q4 2025, will launch WISeSat 2.1, the first satellite embedding SEALSQ's WISeKey Quantum RootKey as part of a space-based Quantum Key Distribution (QKD) proof-of-concept. This breakthrough deployment positions WISeSat as a global leader in quantum-secure satellite communications, addressing critical security challenges in the digital-first world. The deployment of WISeKey's Quantum RootKey, based on NIST-recommended post-quantum algorithms like CRYSTALS-Kyber and CRYSTALS-Dilithium, ensures that all cryptographic operations—key generation, storage, and management—are protected against both classical and quantum threats. This technology supports secure command authentication to prevent satellite hijacking, protection of sensitive data including defense communications and Earth observation imagery, and global cryptographic key distribution to safeguard critical infrastructure. The industrialization of WISeSat's Satellite-as-a-Service platform will accelerate the adoption of quantum-secure space services at a global scale, unlocking new market opportunities and sustainable long-term growth. As cyber and environmental challenges intensify, WISeSat's quantum-secure IoT satellite constellation stands ready to deliver resilient, scalable, and sustainable digital infrastructure—protecting the connected world, one satellite at a time. About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store