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D-Wave’s Stunning Bookings Surge Hides One Critical Concern

D-Wave is pushing quantum computing into real business operations, but its expanding commercial opportunity is colliding with an extraordinary valuation and unforgiving expectations.
Rick Orford Written by: Rick Orford
Mike Reyes Edited by: Mike Reyes
Last Updated August 25, 2026
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D-Wave (NASDAQ:QBTS) is moving quantum computing beyond experimental research and into manufacturing, logistics, defense, and other high-stakes environments. Its hybrid approach could make adoption more practical for enterprises, while its expansion into scientific simulation may unlock a much larger market. The opportunity is significant, but investors are already paying an extraordinary premium for future growth.

Stock prices used were the market prices of Aug. 7, 2026. The video was published on Aug. 16, 2026. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video.

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