Can Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum Become the Next Nvidia? History Offers Some Big Clues.

• Investors are ever connected the lookout for the adjacent Nvidia, whose shares person rallied much than 21,800% implicit the trailing decade.

• Quantum computing is apt to instrumentality years to mature and germinate arsenic a technology.

• History shows that valuation and competitory pressures are expected to measurement connected IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc.

• 10 stocks we similar amended than IonQ ›

Roughly 30 years ago, the mainstream proliferation of the net began altering the maturation trajectory for businesses astir the globe. This exertion opened caller income and selling channels for companies, arsenic good arsenic broke down the accusation obstruction that had existed for much than a period connected Wall Street betwixt nonrecreational and retail investors.

For decades, investors person been waiting for the adjacent hyped exertion that would pb firm America forward. The emergence of artificial quality (AI) has, frankincense far, been the answer. Nvidia has seen its valuation skyrocket arsenic its superior graphics processing units powerfulness endeavor AI-accelerated information centers. Over the trailing decennary (as of Dec. 11, 2025), shares of Nvidia person risen by much than 21,800%!

Gains of this magnitude are a rarity connected Wall Street. Investors are ever connected the lookout for businesses that stock akin characteristics to industry-leading companies, with the anticipation of buying the adjacent Nvidia.

In 2025, quantum computing stocks person flashed their potential. At 1 constituent this year, pure-play stocks IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), D-Wave Quantum (NYSE: QBTS), and Quantum Computing Inc. (NASDAQ: QUBT) had rallied arsenic overmuch arsenic 5,400% connected a trailing 12-month basis. Investors person been enamored by the prospects of quantum computing and its imaginable to lick analyzable problems and accelerate the learning process of AI algorithms.

But are quantum computing stocks, specified arsenic IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc., truly susceptible of becoming the adjacent Nvidia? History offers immoderate precise large (and apt disappointing) clues.

Over the past 3 decades, immoderate of Wall Street's game-changing technologies and hyped trends person gone connected to alteration the world. The net is simply a cleanable example.

But the 1 trait each next-big-thing inclination has shared is an aboriginal innings bubble-bursting event.

These bubbles don't signifier by accident. They're a nonstop effect of investors overestimating the aboriginal signifier adoption rate, utility, and/or optimization of a hyped innovation. Eventually, these expectations aren't met, which leads to the euphony stopping. Though it's intolerable to pinpoint erstwhile bubbles volition burst, humanities precedent (e.g., the internet, genome decoding, nanotechnology, blockchain technology, and the metaverse) is rather wide that this is the norm with game-changing technologies.