Quantum Computing (QUBT) Soars 8.7% on Broader Optimism

We recently published 10 Stocks Crushing Wall Street’s Wildest Expectations. Quantum Computing Inc. (NASDAQ:QUBT) is one of the best performers on Thursday.

Quantum Computing Inc. saw its share prices grow by 8.71 percent on Thursday to finish at $16.10 apiece, mirroring a wider market rally despite the lack of a clear catalyst to boost buying.

In recent news, Quantum Computing Inc. (NASDAQ:QUBT) bagged a new contract from the National Institute of Standards and Technology (NIST), an agency under the US Department of Commerce, for the design and fabrication of thin-film lithium niobate (TFLN) photonic integrated circuits (PICs).

In addition, it received a chip order from a Fortune 500 science and technology company that provides advanced solutions across defense, intelligence, civil, and commercial markets.

“QCi is proud to deliver advanced photonic solutions to market through our commercial foundry. Additionally, we’re pleased to add a leading Fortune 500 defense and technology contractor to our growing list of commercial customers, reinforcing the broad applicability of our TFLN platform across high-security, mission-critical environments,” said Quantum Computing Inc. (NASDAQ:QUBT) Milan Begliarbekov.

While we acknowledge the potential of QUBT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.