From Nasdaq: 2024-04-11 12:20:10

The market for quantum computing is expected to grow at a CAGR of 32.1% to reach $6.53 billion by 2030, with applications in healthcare, banking, and more. IBM, a tech giant with a market cap of $170.5 billion, offers a dividend yield of 3.5% and has been active in the quantum computing space, with plans for a new EU quantum data center. Microsoft, valued at $3.15 trillion, is also making strides in quantum computing and AI, with a dividend yield of 0.67% and strong financial performance in fiscal Q3 2024. Microsoft recently made a breakthrough in quantum computing with its error-correction algorithm, and its expertise in AI is evident through partnerships and key hires like DeepMind founder Mustafa Suleyman. Analysts rate both IBM and Microsoft as a “Strong Buy,” with potential upside for investors to consider.



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