D-Wave Quantum is trading 4.44% up at $21.66, supported by a broad risk-on move after July PPI showed no monthly growth and cooler inflation reduced expectations for near-term Federal Reserve tightening.
- The semiconductor sector is rallying on strong AI-infrastructure earnings and outlooks, providing favorable momentum for quantum-computing names.
- D-Wave announced National Research Council of Canada funding on August 12, but available reporting does not establish it as the direct catalyst for the August 13 move.