QBTS Outperforms IBM, Industry, Benchmark Over the past year, shares of D-Wave Quantum have skyrocketed 1312.3%, handily outperforming the sector’s 8.2% gain and the S&P 500’s 11% rally.

D-Wave Quantum QBTS shares have slipped 0.9% over the past 30 days, a slight pullback that masks intensifying headwinds from tech titans International Business Machines IBM and Alphabet GOOGL, both ...

While IBM’s investment in quantum might prove a threat for smaller companies, it also validates the opportunity D-Wave is already capitalizing on with its production-ready annealing solutions.

IBM now joins an expanding roster of companies — including Apple, NVIDIA, TSMC, and Abbott Laboratories — pledging to anchor production efforts in the U.S. The timing isn’t accidental, either.

IBM’s $150 billion investment in American manufacturing in the US for mainframes, quantum computing and AI ensures IBM remains a leader, CEO Arvind Krishna says.