NVIDIA (NVDA) shares closed up 5.27% to $121.67, marking a $6.09 increase. D-Wave Quantum (QBTS) skyrocketed 46.89% to $10.15, gaining $3.24. Rigetti Computing (RGTI) climbed 28.23% to $11.22, rising by $2.47.
Stocks soar ahead of GTC 2025
NVIDIA’s pre-market price rose to $123.13, a gain of $1.46 or 1.20%. Despite recent declines, NVDA is currently trading in the middle of its 52-week range yet remains below its 200-day simple moving average.
D-Wave Quantum experienced a remarkable pre-market surge to $11.82, up $1.67 or 16.45%. This momentum comes as the stock is nearing the top of its 52-week range and trading significantly above its 200-day simple moving average.
Rigetti’s pre-market price is slightly up at $11.49, an increase of $0.27 or 2.41%. The stock is also positioned in the middle of its 52-week range and trading above its 200-day simple moving average, signaling strong market interest.
What implications does this have for shareholders?
NVIDIA, leading the AI and quantum computing conversation, is experiencing a rebound, with shares increasing by 5% on March 14, following a 20% decline earlier in 2025. As GTC begins, CEO Jensen Huang’s keynote is expected to reveal groundbreaking developments in AI chips like Blackwell Ultra (B300) and Vera Rubin, adding to NVIDIA’s AI-quantum ecosystem. Bank of America maintains a “buy” rating with a target of $200 per share, viewing the stock as undervalued. The company’s Quantum Day on March 20, featuring D-Wave and Rigetti executives, reinforces its commitment to quantum computing, boosting investor sentiment.
D-Wave’s stock has surged, reflecting optimism around GTC, with a 46.89% increase in its stock price. The company’s visibility at the conference, particularly during Quantum Day, where CEO Alan Baratz will join NVIDIA’s panel, could shift the narrative for quantum computing. Despite skepticism following Huang’s remarks about quantum computing being decades away, D-Wave’s focus on near-term applications could help counter this narrative. Analysts are watching the stock closely for any announcements or updates that could validate its potential.
Rigetti, up 28.23% as of March 14, is riding the quantum wave ahead of GTC. The company’s full-stack quantum computing approach and advancements in the Ankaa-3 quantum computer are seen as key drivers for growth. Rigetti’s leadership is also slated to participate in Quantum Day, which could further fuel its rise. However, with limited revenue and a high sales multiple, the stock’s valuation could be at risk if GTC fails to deliver substantial news.
- Buyers: For those looking to invest in the hype leading up to GTC, NVDA offers potential upside if GTC announcements meet expectations, especially regarding quantum computing. D-Wave presents a speculative but promising play for those betting on shorter-term quantum breakthroughs. Rigetti, with its high growth and aggressive quantum plans, could be a good bet for long-term growth, provided GTC validates its technological edge.
- Sellers: However, those looking to lock in profits may want to sell post-GTC. If NVIDIA’s announcements fall short, or if the broader macroeconomic environment dampens sentiment, the stock could face a decline. Similarly, D-Wave and Rigetti could see speculative surges followed by drops if GTC fails to deliver concrete partnership news or breakthrough technologies.
Disclaimer: The content of this article is for informational purposes only and should not be construed as investment advice. We do not endorse any specific investment strategies or make recommendations regarding the purchase or sale of any securities.
Featured image credit: Kerem Gülen/Ideogram
