Quantum Computing Stock Rises on D-Wave's AT&T Partnership News
On July 27, 2026, Quantum Computing (NASDAQ: QUBT) saw its stock rise by nearly 5.8% following news that rival company D-Wave Quantum (NYSE: QBTS) had secured a contract with AT&T to use its quantum computing technology for network optimization tasks. The deal involves using annealing-based quantum computing solutions to improve AI efficiency in managing data traffic and detecting outages. Although Quantum Computing was not involved in the partnership, investors may be speculating that it could also attract interest from telecom companies like AT&T or others exploring similar technologies. Analysts expect over $41 million in revenue for Quantum Computing this year—a significant jump compared to its trailing-12-month performance—though meeting these expectations will be crucial. The broader quantum computing sector appears to be gaining traction, with both D-Wave and Quantum Computing stocks rising on the news of industry adoption. However, Quantum Computing has yet to secure major contracts itself.
Topics: quantum computing stock price movement telecom partnerships