Quantum Computing Inc. (QUBT) was dropped from the S&P Software & Services Select Industry Index and simultaneously added to the S&P Technology Hardware Select Industry Index, effective June 22, 2025. This reclassification reflects a shift in how QUBT's business is categorized within the S&P industry classifications.
The move into the Technology Hardware index aligns with QUBT's strategic focus on developing and manufacturing quantum machines and its Thin Film Lithium Niobate (TFLN) photonic chip foundry. This indicates a recognition of the company's increasing emphasis on hardware production.
While being removed from a software-focused index might suggest a change in its primary business perception, the inclusion in a hardware-focused index highlights the growing importance of its physical products and manufacturing capabilities in its overall strategy.
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