Microsoft (MSFT, Financial) has emphasized the importance of businesses becoming "quantum ready" by 2025, sparking a significant rally in quantum computing stocks. This comes alongside news of December's core inflation in the U.S. coming in lower than expected, which has reignited investors' risk appetite.
Microsoft's Chief Operating Officer, Mitra Azizirad, highlighted in an online article that the era of quantum computing is approaching, suggesting that quantum computers will soon solve meaningful problems and capture new business value. The statement from Microsoft spurred substantial gains in associated stocks.
Among the notable performers, Rigetti Computing (RGTI) saw its stock jump by 20%, D-Wave Quantum (QBTS) increased by 17%, and IonQ (IONQ) surged by an impressive 30%.