Quantum Computing shares rise after NVIDIA announces Quantum Day and the company partners with Sanders TDI to advance biomedicine.

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.

The carnage in quantum computing stocks Wednesday saw shares of Rigetti Computing (NASDAQ:RGTI), Quantum Computing (NASDAQ:QUBT), and IonQ (NASDAQ:IONQ) plunge 40% or more. Comments made by Nvidia (NASDAQ:NVDA) CEO Jensen Huang that the sector won’t see viability for another two decades gutted these former high-flying stocks.

Quantum Computing shares are trading higher by 4.7% during Thursday's session. The stock is higher amid strength in quantum computing companies. The sector has recently seen increased interest.

Stocks of quantum computing companies jumped Wednesday after Microsoft declared this as “the year to become Quantum-Ready,” adding “we are at the advent of the reliable quan

Microsoft (MSFT) exec Mitra Azizirad wrote in a blog post on Tuesday, Jan. 14 that “We are at the advent of the reliable quantum computing era. And we are right on the cusp of seeing quantum computers solve meaningful problems and capture new business value.

Negative comments on the future of quantum computing from Nvidia and Meta CEOs tanked the quantum computing market last week. Today, some positive feedback from Microsoft is getting quantum investors excited again.

Rigetti Computing and D-Wave Quantum, the second- and fourth-biggest gainers in the Russell 3000 Index on Tuesday, were up 22% and 24%, respectively. Peers Quantum Computing and I