$Quantum Computing (QUBT.US)$ Don’t panic sell! 23 days of market trading and lots of volatility ! Tom Lee speculates the market might turned this week.https://youtu.be/Dp-fYnv9aTA?si=eLdsLDb5fZV_zyNt
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$Super Micro Computer (SMCI.US)$
X.AI plans to build at least one million graphics processing units in what's been described as the largest capital investment in the history of the region.
Nvdia Corp. (NVDA), Dell Technologies Inc. (DELL) and Super Micro Computer Inc. (SMCI) are also planning an increased presence in Memphis, which is billing itself as the "digital delta."
X.AI plans to build at least one million graphics processing units in what's been described as the largest capital investment in the history of the region.
Nvdia Corp. (NVDA), Dell Technologies Inc. (DELL) and Super Micro Computer Inc. (SMCI) are also planning an increased presence in Memphis, which is billing itself as the "digital delta."
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VL9586 OP : The Quantum Leap: Why Quantum Computing is Still Worth Investing In
VL9586 OP : Summary by Moomoo AI
Quantum Computing Inc. has entered into securities purchase agreements with institutional investors for a private placement of 8,163,266 common shares at $12.25 per share, expecting to raise $100 million in gross proceeds. The closing is anticipated around January 9, 2025, with Titan Partners Group acting as the sole placement agent.
The company will pay the placement agent a 6% cash fee and issue 326,531 five-year warrants exercisable at $14.0875 per share. The company's directors and executive officers have agreed to a 60-day lock-up period. Additionally, the company has committed to filing a registration statement for the resale of placement shares by January 24, 2025.
According to CFO Chris Boehmler, this offering, priced at substantial premiums to recent offerings, brings their total gross capital raised since November to $190 million. The proceeds will be used for working capital, general corporate purposes, and advancing the development and manufacturing of photonics, thin-film lithium niobate, and quantum technologies.