In 2024, the U.S. dominated quantum computing patents, with IBM and Alphabet leading the way. Rigetti topped pure-play companies in U.S. quantum patents. Quantum computers offer faster problem-solving abilities than classical computers, with the global market projected to reach $90-170 billion by 2040. Investors are eyeing this growing industry.

Patent activity is a key indicator for tech investors. Monitoring patents can provide insights into emerging technologies. IBM and Alphabet were leaders in U.S. quantum patents in 2024. Rigetti led among pure-play companies. Northrop Grumman, a major player in quantum tech, ranked ninth in total U.S. quantum patents.

Nvidia secured three U.S. quantum computing patents in 2024, signaling increased involvement in the field. Nvidia recently introduced NVQLink to connect quantum processors with AI-powered supercomputers. Quality patents are determined by citation frequency, with D-Wave, Northrop Grumman, and Rigetti standing out.

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Read more at Nasdaq: Quantum Computing Stocks: How the Quantum Computing Players Stack Up by Patents (Yes, Nvidia Has Such Patents)