Nvidia and TSMC to unveil first domestic wafer for Blackwell chips, Axios reports
D-Wave Quantum Inc. (NYSE: QBTS) Chief Financial Officer John M. Markovich sold 7,994 shares of common stock on October 14, 2025, at an average price of $43.7434, for a total of $349,684. The transaction comes as the stock trades near its 52-week high of $45.30, having delivered an impressive return of over 4,200% in the past year.
The sales were executed in multiple transactions, with prices ranging from $43.65 to $44.06. This sale was mandated by D-Wave Quantum Inc.’s election under its equity incentive plans to cover statutory tax withholding obligations, and does not represent a discretionary trade by Markovich. Following the transaction, Markovich directly owns 1,580,934 shares of D-Wave Quantum Inc., including 764,065 unvested restricted stock units.
In other recent news, D-Wave Quantum Inc. reported an 83% increase in bookings for its annealing quantum computing technology in the Asia Pacific region over the past year. The company is also set to host its first Qubits Japan 2025 user conference in Tokyo, focusing on practical applications of its technology. D-Wave announced a €10 million agreement with Swiss Quantum Technology SA to deploy an Advantage2 annealing quantum computer in Europe, supporting Italy’s quantum computing infrastructure through the Q-Alliance initiative. Additionally, a project with North Wales Police demonstrated the potential of D-Wave’s hybrid-quantum computing, cutting emergency response times by nearly 50%.
On the financial front, Piper Sandler raised its price target for D-Wave to $22 from $13, maintaining an Overweight rating due to slightly better-than-expected June quarter earnings and the availability of its Advantage2 system. Benchmark reiterated a Buy rating and a $20 price target, highlighting D-Wave’s strong growth in technology, customer base, and financial performance. These developments reflect the company’s expanding influence and capabilities in the quantum computing sector.
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