Quantum Stocks Pull Back Amid AI Infrastructure Sell-Off

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โดย Zacks Investment Research·Read original
Summary · why it matters

Quantum computing stocks have retreated sharply in July as a broader sell-off in AI infrastructure names spilled into the sector. Shares of Rigetti Computing, IonQ, D-Wave Quantum, and Quantum Computing Inc. all declined month to date, even though the sector's long-term commercialization outlook remains intact. The pullback was triggered by investor concerns over the sustainability of hyperscaler capital spending after Alphabet raised its 2026 capex guidance to between $195 billion and $205 billion, and reports that NVIDIA is considering financing guarantees for OpenAI's data center project. Despite the sell-off, quantum fundamentals remain strong, with companies expanding commercial bookings and securing government contracts. D-Wave Quantum reported first-quarter bookings of $33.4 million and ended the quarter with $588.4 million in cash, while Rigetti Computing posted nearly 199% year-over-year revenue growth and holds approximately $569 million in cash and investments.

Impact on stocks 5

Quantum Computing▼ · 3 stocks
IONQ Inc
IONQ
▼ Negativerelevance

IonQ shares declined as part of the broader AI infrastructure and quantum sell-off, with no company-specific news.

Rigetti Computing Inc
RGTI
▼ Negativerelevance

Rigetti Computing shares declined in the sell-off, despite strong revenue growth and cash holdings.

Artificial Intelligence▼ · 2 stocks
Alphabet Inc Class C
GOOG
▼ NegativeCapitalrelevance

Alphabet raised 2026 capex guidance, fueling concerns over hyperscaler spending sustainability, which triggered the sell-off.

NVIDIA Corporation
NVDA
▼ NegativeCapitalrelevance

NVIDIA is considering financing guarantees for OpenAI's data center project, adding to investor concerns about hyperscaler capex.

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