D-Wave, Rigetti, and Quantum Computing Inc. are enjoying yet another market boost in the wake of a major announcement from tech giant Microsoft. The stock prices of quantum computing companies are surging in premarket trading this morning after Microsoft unveiled a new type of quantum computing chip yesterday,

Microsoft unveils its Majorana 1 quantum chip, lifting quantum stocks. Experts urge caution as the sector remains volatile despite long-term potential.

Quantum computing-related stocks are rising following a report from Wednesday which suggested Microsoft will unveil its Majorana 1 chip.