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D-Wave Completes Nasdaq Move and Expands AT&T Quantum Collaboration

The Nasdaq transfer and a broadened AT&T agreement underline growing enterprise use of D-Wave’s annealing systems and shift market attention to the August 6 earnings report.

Overview

  • D-Wave and AT&T announced on July 27 that AT&T will deploy D-Wave’s annealing quantum systems more widely across network operations including outage detection, traffic management, dispatch routing, and network planning.
  • An early AT&T test using D-Wave’s annealer reportedly cut a complex network optimization task from about one hour to under 15 seconds, a roughly 240x speedup that the companies say could enable faster, more frequent operational decisions.
  • Also on July 27, D-Wave completed an administrative transfer from the NYSE to Nasdaq by filing Form 25 and Form 8‑A and rang the Nasdaq Opening Bell; the move did not raise capital or change the company’s share structure.
  • The AT&T announcement lifted D-Wave’s shares and other quantum stocks in premarket trading and reinforced an analyst bullish consensus that prices could rise, but recent insider sales and weak prior revenue keep investor scrutiny elevated.
  • Markets are now focused on D-Wave’s August 6 Q2 report for signs that commercial wins translate into revenue and bookings while AT&T evaluates D-Wave’s future gate‑model systems for quantum security and communications.