Microsoft is a safer and more profitable investment option in the quantum computing industry.

From Nasdaq: 2024-10-08 08:37:00

Quantum computers are set to transform the tech industry, with Google’s machine completing a task in 6 seconds that would’ve taken 47 years for a supercomputer. Companies like Microsoft and IonQ are racing to commercialize the technology, with Microsoft focusing on stability and reliability and IonQ seeing rapid revenue growth from customers like Oak Ridge National Laboratory. Despite IonQ’s progress in revenue and technology, Microsoft remains the safer and more profitable investment option, particularly due to its dividend payout and lower P/S ratio. As quantum computing technology continues to develop, Microsoft is positioned as the better long-term investment for those looking to enter the field.



Read more at Nasdaq: Better Quantum Computing Stock: Microsoft vs. IonQ