Quantum Computing (NASDAQ: QUBT) stock is soaring in Wednesday's trading. The company's share price was up 30.9% as of 1:30 p.m. ET amid a pair of bullish catalysts. The stock had been up as much as 38.2% earlier in the day.

Nvidia CEO Jensen Huang made comments this morning stating that quantum-computing technologies are approaching "an inflection point." In addition to a promising endorsement from one of the most influential CEOs in the tech space, Quantum Computing stock is likely also getting a boost from some promising inflation data.

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Source Fool.com