Investing.com -- Shares of Rigetti Computing (NASDAQ: RGTI) climbed 7% as NVIDIA (NASDAQ: NASDAQ:NVDA) announced plans to host its first Quantum (NASDAQ:QMCO) Day at the GPU Technology Conference (GTC) 2025, sparking enthusiasm in the quantum computing sector. Other quantum-focused stocks also saw gains, with D-Wave Quantum (NYSE: QBTS) up 16%, Quantum Computing Inc (NASDAQ: QUBT) up 16%, Quantum Corporation (NASDAQ: QMCO) up 10%, and IONQ Inc (NYSE: NYSE:IONQ) up 3%.
The surge in quantum computing stocks comes as NVIDIA highlighted the sector's potential and current advancements in a recent blog post. The company's Quantum Day, scheduled for Thursday, March 20, is set to convene industry leaders and experts to discuss the state of quantum computing and its trajectory. Executives from companies such as Rigetti, D-Wave, and IONQ, among others, will join NVIDIA CEO Jensen Huang to provide insights into the future of quantum applications and the breakthroughs already made in quantum hardware, error correction, and algorithms.
NVIDIA's emphasis on quantum computing's promise to address complex problems in various fields, from drug discovery to financial forecasting, underscores the growing interest in the technology's potential. The planned Quantum Day at GTC 2025 aims to offer a comprehensive view of what businesses can expect from quantum computing in the coming years, including hands-on training sessions, a developer day, and a special address revealing the latest NVIDIA quantum computing news.
The market's response to NVIDIA's announcement reflects a broader anticipation for quantum computing's impact on accelerated computing and the opportunities it presents for solving previously intractable problems. As the industry gears up for Quantum Day, investors are closely watching companies like Rigetti Computing, which are poised to contribute to the quantum computing landscape.
The market's reaction suggests a positive outlook for the quantum computing industry, as evidenced by the uptick in related stocks following NVIDIA's announcement.
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