Reported Earlier, Rigetti Computing Restructures To Separate Systems Delivery From Quantum Processor Development Under New Leadership

QUBT Bets on Scale as Rising Costs Weigh on Profitability

Quantum Computing Inc. (QUBT) reported strong revenue growth to $5.6M in Q2 2026 but remains unprofitable with a $1.2M gross loss. The company spent $180M on three acquisitions, expanding capabilities but introducing integration risks. Operating expenses surged 114% YoY. Peers D-Wave and Rigetti also face challenges with uneven revenues tied to large contracts and high expense intensity relative to their revenue bases.

Shares of semiconductor and chip companies are trading lower, possibly after Federal Reserve Chairman Warsh's comments on inflation and prices raised rate-hike concerns. The sector may be facing pressure from peer Marvell Technology, as the company pulls back after its FY28 guidance may have failed to meet investor expectations.

Nvidia CEO Jensen Huang Jokes His Dinner Plans Can Double a Stock—His Track Record Says He’s Not Wrong

Nvidia CEO Jensen Huang has learned that a single sentence from him can move billions in market value.

Shares of semiconductor and chip companies are trading lower. The industry may be pulling back ahead of Nvidia's Q2 earnings report due August, 26.