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Monday, 30 June 2025
Personal Finance

Why QuantumScape Stock Jumped Almost 10% This Week

Why QuantumScape Stock Jumped Almost 10% This Week

Some energy stocks are growing because investors look at new technologies to go quickly that can help supply increasing power demand. Electric vehicles (EV) sales continue to increase and Artificial Intelligence (AI) seems to be everywhere to supply increasing needs for compute power, appears to pop up data centers, investors also want to cash.

A name that jumped up to 12% this week was a solid-state battery company Quantmuskpe ,QS -3.03%,According to the data provided by Thursday afternoon the stock was still 9.3% more S&P Global Market Intelligence,

Image Source: Getty Image.

Solid-state batteries are only for more than electric vehicles

Data centers focus on most of the recent focus fuel cells on electricity needs or Small modular nuclear reactorTechnology quantmusscape is developing, focusing on the EV market has been focused as it turns into prototype production and customer test stages.

Quantmuspe is progressing towards commercialization of its battery technology. In its first quarter report, the company said that this is before the schedule to bring its next stage of building solid-state battery cells into baseline production.

EV customers are getting closer to field-testing to product. High energy density in solid-state batteries should provide EVS with a safe alternative and better vehicle range with low cost and increased performance. But There will be a market for quantmusscape Beyond EVS.

Solid-state can be applied to battery Renewable energy storageConsumer electronics, medical equipment and other applications. Investors look at the AI ​​data center, robotics and a deficiency of energy sources developed as demand from the self-driving car fleet. As the quantmusp gets closer to commercialization, the stock is more sticking this week along with other energy names.

Howard Smith Quantmuspe is the condition. There is no situation in any stock mentioned by the micle flower. Motley is near the flower Disclosure policy,

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