Nvidia’s Quantum Day gave quantum computing firms a shot on the highlight. Nevertheless, with none big announcements from the firms, investors mostly used the event as a probability to sell the recently high-flying stocks.
D-Wave fell probably the most on Thursday, sinking 19% to $8.61. Rigetti Computing and IonQ were down 9.6% and 9.7%, respectively. Executives from all three firms appeared on a panel alongside Nvidia CEO Jensen Huang.
D-Wave has risen on the back of excellent news, namely the corporate’s claims of achieving quantum supremacy last week, followed by a wave of support from analysts after its latest earnings report.