Quantum computing stocks like Rigetti Computing (RGTI) and IonQ (IONQ) have been on a tear in recent months, as investors continue to bet that this futuristic technology will soon redefine Wall Street and the world as we know it.

This is what's happening on Wednesday, as quantum computing investors cheer some kind words from Microsoft's strategic missions and technologies chief, Mitra Azizirad, who last night urged quantum investors to get ready, because "we are right on the cusp of seeing quantum computers solve meaningful problems and capture new business value."

Shares of Rigetti computing have lost more than 70% of their value since hitting their $20 closing high less than two weeks ago. The volatile plunge in share price came on the heels of Jensen Huang - NVIDIA’s CEO – on the reasonable timeline for quantum computing.

We recently compiled a list of the 5 Quantum Computing Stocks Challenging Jensen Huang’s Stance. In this article, we are going to take a look at where Quantum Computing Inc. (NASDAQ:QUBT) stands against the other quantum computing stocks.

Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.

Rigetti Computing is one of the worlds forefront full-stack quantum computing companies. It specializes in superconducting qubit technology and hybrid quantum-classical systems. The company operates the industrys first dedicated quantum device manufacturing facility.

Quantum Computing Inc. (NASDAQ:QUBT) shares are trading lower in the premarket session on Wednesday. The company announced a private placement offering of 8.16 million shares of common stock at $12.25 per share.

Rigetti stock is up 1,756% in the last year — but 74% overvalued. Investors who did not buy Nvidia stock before GenAI wave, fear missing out on quantum computing.

D-Wave is a strong buy in the quantum computing market, with a first-mover advantage and promising revenue forecasts. Read more on QBTS stock here.

Shares of Quantum Computing are on the rise as the artificial intelligence (AI) narrative continues to gain steam.

Canadian pension manager PSP just sold nearly 20 million shares of quantum-computing firm D-Wave. It plans to sell another 20 million.