Quantum computing stocks saw a sharp rally on Friday as traders piled into tech stocks amid a broader market rebound. Nvidia’s (NASDAQ: NVDA) highly anticipated semi-annual GTC conference, recognized as one of the premier artificial intelligence (AI) events, is thrusting the sector back into focus. Investors are keenly awaiting Nvidia CEO Jensen Huang’s keynote speech, scheduled for tomorrow, where he is expected to unveil developments in agentic AI, robotics, and accelerated computing.
D-Wave Quantum (NYSE: QBTS) Extends Rally
D-Wave Quantum Inc. (NYSE: QBTS) continued its explosive momentum from the previous session, where it skyrocketed 46.9%. The stock climbed another 8.4% to $11.01 at last glance, nearly breaking its two-year high of $11.40, set on Dec. 27. QBTS is on track for its fifth consecutive daily gain, boasting an impressive 425.5% surge year over year and a 30.1% gain in 2025 alone.
IonQ (NYSE: IONQ) Pulls Back After Recent Gains
IonQ Inc. (NYSE: IONQ), a key player in the quantum computing space, dipped 2.4% to $24.39 after Friday’s 17% jump. The stock faced resistance at its 20-day moving average, currently hovering around $25. Despite recent bullish momentum, IONQ has struggled in 2025, underperforming with a 41.4% year-to-date decline.
Rigetti Computing (NASDAQ: RGTI) Faces Resistance
Rigetti Computing Inc. (NASDAQ: RGTI) also faced headwinds on Monday, sliding 2.5% to $10.94. This comes after a remarkable 28.2% surge in the last session. The stock is contending with its 60-day moving average, which provided support during its January pullback but has turned into an overhead resistance level since late February. RGTI remains down 27.7% for the year.
Nvidia’s GTC Conference Fuels Speculation in Quantum Computing Stocks
The resurgence in quantum computing stocks coincides with renewed enthusiasm surrounding Nvidia’s GTC conference. The AI and accelerated computing leader is expected to highlight breakthroughs in agentic AI, robotics, and next-generation computing. Given Nvidia’s significant role in AI and quantum advancements, investors are speculating that quantum computing firms could benefit from any major announcements at the event.
As excitement builds, all eyes remain on Nvidia’s keynote address and its potential impact on the quantum computing sector. Traders will be watching closely to see if the momentum continues for stocks like QBTS, IONQ, and RGTI in the days ahead.
