AT&T Just Expanded Its Use of D-Wave Quantum's Tech. Time to Buy This Leading Quantum-Computing Stock?
D-Wave's technology keeps impressing the telecom giant, but investors shouldn't jump on board just yet.
Overview
AT&T (NYSE: T) recently announced it's expanding its use of D-Wave Quantum (NASDAQ: QBTS) technology, just months after it began testing the quantum computing company's services.
AT&T said the expansion will focus on integrating D-Wave's annealing quantum computing technology into some of its artificial intelligence tools to improve network operations and outage detection.
Details
D-Wave shareholders were understandably excited about this and pushed the stock higher on the news, but does AT&T's move make D-Wave stock a buy right now? Probably not, and here's why.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.