Rise of quantum computing stocks as next big tech trend, led by major companies.
From Nasdaq: 2025-03-24 16:12:00
In a recent episode of ETF Spotlight, Zacks Senior Stock Strategist Kevin Cook discusses the rise of quantum computing stocks as investors look beyond AI for the next big tech trend.
NVIDIA held its first Quantum Day at GTC 2025, announcing the launch of its Accelerated Quantum Research Center. D-Wave, a quantum computing company, claimed to have achieved “quantum supremacy” with its latest machine.
Microsoft unveiled Majorana 1, a quantum processor with topological qubits, while Amazon introduced Ocelot, featuring “cat qubits” for error correction. Google’s Willow chip can perform calculations in minutes that would take supercomputers much longer.
Quantum computers use qubits with unique properties like superposition and entanglement for faster processing. Companies like Microsoft, NVIDIA, Amazon, and IBM are leading the charge in quantum technology development.
Investing in quantum computing can be challenging, with smaller companies like Rigetti Computing, D-Wave Quantum, and IonQ seeing stock price surges but facing profitability concerns. The Defiance Quantum ETF offers a diversified approach for investors interested in this theme.
Read more at Nasdaq: Quantum Computing: Tech’s Next Giant Leap?
