NYSE:QBTSSoftware
A Look At D-Wave Quantum (QBTS) Valuation After New US$100 Million CHIPS Act Support Announcement
The latest move in D-Wave Quantum (QBTS) comes after the U.S. government said it plans to invest up to US$100 million under the CHIPS and Science Act to support its quantum computing technologies.
See our latest analysis for D-Wave Quantum.
The proposed CHIPS Act funding arrives after a volatile stretch, with the stock down about 15.6% over the past week and 17.4% year to date, while still supported by a 90 day share price return of 30.4% and a very large 3 year total shareholder return. This...