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[Market Focus] US Quantum Computer Stocks Surge... Korean Related Stocks Also Rise

As quantum computer-related stocks surged on the New York Stock Exchange in the United States, related stocks in Korea are also on the rise.


As of 9:47 a.m. on the 23rd, Xgate was trading at 8,920 won, up 590 won (7.08%) from the previous trading day. Xgate is classified as a quantum computer-related stock as it develops quantum cryptography-based virtual private network (VPN) technology.


[Market Focus] US Quantum Computer Stocks Surge... Korean Related Stocks Also Rise

At the same time, other quantum cryptography and quantum computer-related stocks such as Photon (4.56%), ICTK (4.31%), Wooriro (3.99%), Deepmind (3.53%), and Korea Advanced Materials (3.51%) are also showing gains across the board.


On the 22nd (local time) in the New York stock market, quantum computer-related stocks such as IonQ (36.52%), Rigetti Computing (26.46%), and D-Wave Computing (23.96%) all soared. Nicolo de Masi, CEO of IonQ, raised investor expectations by stating in a media interview, "IonQ will occupy a position in the quantum computing field similar to Nvidia."


Expectations for the commercialization and growth potential of quantum computers are also drawing attention. Julian Kelly, the lead engineer for Google's quantum computer development, stated at the annual Google developer conference (I/O), "Within the next five years, we will see application cases that only quantum computers can handle."


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