The US equity market has seen a number of double shares since this year. $D-Wave Quantum(QBTS.US)$ It is one of them.

As the first company to implement commercialized quantum computing, $D-Wave Quantum(QBTS.US)$ What are the advantages and bright spots that can support the continued stock price storm? Share this week's chance to celebrate.

Good performance, what are the investment highlights?

$D-Wave Quantum(QBTS.US)$ The Q2 results were released recently, and overall it was good!

First, Q2 revenue increased by 42% to $3.1 million, exceeding the expected adjusted loss per share of $0.08, and the forecast was only $0.05. Among other comparable-key data presets, Q2 is set at $1.3 million, and the company attributes this growth to a decrease of US$0.4 million, and a decrease of 13% due to the release of Advantage2 volume computers compared to the predetermined volume of Q1, and by 13% in comparison, explaining the predetermined production of D-Wave Collaboration on projects, revenue and instability.

From a Business Structure perspective, D-Wave's current revenue comes primarily from QCAAS Cloud Platform and Professional Services related to Quantitative Computing Application Development, Facilities and Training in Quantitative Computing Applications. Revenue from other QCAAS cloud platforms is high, and there is no shortage of Professional Services revenue growth due to the continued growth of revenue in this reading pattern.

Overall, while Q2 revenue grew markedly, the company is still in the loss-making stage and there are fears of widening losses. Q2 adjusted net loss was US$25.5 million, with US$12.7 million in optical R&D expenses and US$0.819 billion in cash reserves in the company's accounts to support the company's operations for 3-4 years.

Is it hype or reality?

As profits fell short of expectations, $D-Wave Quantum(QBTS.US)$ The share price fell 2.79% following the release of the Earnings Reports, reflecting investors' appetite for other business applications and earnings timeframes. How, is D-Wave's quantized commercialization process working to the bottom and is it real?

PS: Inexperienced mooers of the Quantitative Computing Industry, see the previous article to supplement the basic knowledge”Is quantum computing a “new value” investment, a sample deployment?》

Development history of D-wave

Back in 1999, Canadian physicist Geordie Rose founded D-wave, which was originally a Geordie program to develop general quantum gate calculations, but because of the quantum bit stability puzzle, it turned into a dedicated route for quantum annealing. The company name D-Wave stems from an early failed attempt at using D-wave superconductors, making D-Wave the only quantum computing company to use quantum annealing technology.

Over the past 10 years, D-Wave launched the 128-bit-bit-sized D-Wave One, which became the world's premier commercial quantity calculator. As D-Wave really takes off, during 2011-2020, the aerospace manufacturer Lockheed Martin Space Systems Company purchased D-Wave One to detect flight control system deficiencies, reducing tasks that would take several months to complete into short weeks, greatly improving work efficiency. Together with NASA and Yakuen, we purchased D-Wave Two (512Mb Bitrate Subcomputer).

Today, QBTS offers a wide range of products, including Leap, Ocean Sky Intl (Open Source Software Design Tools, etc.), and Advantage, which has more than 5,000 Bitcoins, among which Advantage2 is the most advanced system, functional solutions Exceed complex computational problems beyond the power range of classic computers.

Questionable business applications

Combining D-Wave's customer success case, the mooer will discover: D-Wave's current commercialization application is a combination of optimization issues for improving delivery logistics and power management, optimizing telecommunication networks and freight operations and production scheduling. Increases operating efficiency compared to the production time table of the Partisan Food Group (PFG) delivery driver.

Based on the above applications, there are Institutions that control D-Wave's quantitative fire technology, which cannot solve actual optimization problems with greater difficulty, and the offered mixed solutions (including classical and quantitative calculations are completely in accordance with classical calculations, missing quantity subvalues, and are in excess of advertising.

It is inconceivable, however, that quantitative computing is indeed the next technology to come. Industry competitors such as RGTI (Superconducting Technology), IONQ (Plasma Technology), QUBT (Photometric Technology, etc.) companies, which in the past have not achieved true modeling business applications. In the short term, reverberation techniques and plasticizing technologies are given more importance in the application of ground power, and practical project examples are available for reference.

In addition, in the 2025Q2 Earnings Reports, D-Wave revealed a number of new and ongoing customer collaborations, covering business and application research, including E.ON (European Power Corporation), GE Vernova (Global Energy Company), National Quantitative Computing Centre (NQCC) (United Kingdom) NTT Data Corp., NTT Data Corp. (NTT Data Corp.), NTT Data Corp., NTT DOCOMO (Japan's leading mobile operator), NTT DOCOMO (Japan's leading mobile operator, etc.) Identify D-Wave's performance in commercial applications from the side.

Post-City Operating Ideas

From the chart, the share price has maintained a strong upward trend since last November, stimulated by the benefits of Google williow chips, rising from $1 to more than $20, flipping more than 20 times. Reference to the EMA12-day and 50-day averages, the share price is in a good upward trend, and the RSI value remains near 60, with no overbought signals.

Referring to the daily chart, D-Wave's share price is still in an uptrend and every time the EMA50 average is backed up, it is seen as a relatively safe time to intervene. Taking the example of the stock price on August 12, the EMA50 support position reference price is $16.2. However, it should be noted that if EMA12 crosses the EMA50 line downwards and the stock price falls below EMA50, a trend reversal signal may occur, which should be wary of downside risks.

To summarize

In conclusion, D-Wave's commercial applications are far and away in a Mass Computing Concept, despite the differences in technology, future development directions and application difficulties to be predicted. While the company needs constant cash flow support compared to the previous investments, the income in the current phase is subject to cooperation, stability differences, and short-term losses to real profits.

From a configuration point of view, D-wave is suitable for high-risk track investors, can tolerate profitable vacuums of 3-5 years or even longer, can refer to the technical signal layout in the short term, but not too many positions, it needs to pay attention to its commercialization process and competitive risks to avoid pitfalls.