D-Wave leads quantum stocks higher as AT&T expands computing deal

D-Wave leads quantum stocks higher as AT&T expands computing deal

Ines Ferré · Senior Business Reporter

Mon, July 27, 2026 at 4:13 PM GMT+3 1 min read

What happened: D-Wave Quantum (QBTS) stock surged more than 9% in premarket trading on Monday.

What's behind the move: Shares of the quantum computing company rose after the company announced that AT&T (T) will expand the use of D-Wave's technology across its network operations.

The agreement, building on previous pilot projects, is aimed at optimizing telecom workloads.

Quantum peers also jumped, with Rigetti Computing (RGTI) and Infleqtion (INFQ) climbing more than 3% before the bell.

IBM (IBM) also gained more than 1%.

(QBTS )

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As of 9:40:26 AM EDT. Market Open.

QBTS INFQ

What else you need to know: Shares of D-Wave, Rigetti, and Infleqtion have been volatile this year, with all three down more than 35% year to date.

In May, the stocks rallied after the US Department of Commerce signed letters of intent to provide funding for research and development projects.

The funding is part of a government initiative to distribute more than $2 billion in federal incentives to nine quantum-related companies in exchange for a minority equity stake in those firms.

IBM was also included in the initiative as it announced the launch of Anderon, a new standalone company to create a quantum chip foundry in Albany, N.Y.

Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre.

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