Wall Street is hot on quantum computing stocks, but Google's quantum chip does not actually possess computing power.

Google unveiled its new "quantum chip" Willow this Tuesday, causing its parent company Alphabet and related Stocks to surge significantly this week. However, Analysts indicate that quantum computing is still a long way from any commercial use and advise investors not to get overly excited due to the recent rise.

wallstreetcn07:28

Rigetti Computing Options Spot-On: On December 12th, 126.64K Contracts Were Traded, With 298.26K Open Interest

On December 12th ET, $Rigetti Computing(RGTI.US)$ had active options trading, with a total trading volume of 126.64K options for the day, of which put options accounted for 35.22% of the total

Futu News05:30

Rigetti Computing Update: RGTI Stock Maintains Price After Monumental Rally

TipRanksDec 12 23:31 · Ratings

Adobe, Keros Therapeutics, Lovesac And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

BenzingaDec 12 21:54

Quantum-Classical Computing Disrupting Weather Forecasting While Creating a Billion Market

GlobeNewswireDec 12 21:30

Rigetti Computing Insider Sold Shares Worth $750,000, According to a Recent SEC Filing

MT NewswiresDec 12 05:40