D-Wave Quantum (QBTS) has recently experienced a significant surge in its stock, rising over 100% in the past week, despite reporting a

D-Wave Quantum has emerged as a leader in quantum computing, analysts say, and Wall Street is throwing its support behind the company in a raft of research notes following its latest earnings report.

D-Wave Quantum Inc. said today a peer-reviewed scientific paper proves it has finally passed a critical threshold and achieved “quantum supremacy” — that is, the point at which its quantum computers have finally solved a problem that’s impossible for even the most powerful “classical” computers to do.