Warren Buffett owns quantum computing stocks in Alphabet and Amazon, totaling $7.7 billion. Despite not fully understanding quantum mechanics, Buffett follows his principle of investing in what he knows. Amazon’s AWS offers quantum computing services, while Alphabet’s Google Quantum AI is a pioneer in the field.
Amazon and Alphabet have more to offer beyond quantum computing. Amazon dominates e-commerce and cloud services, with projects like Amazon Braket and Ocelot quantum computing chip. Alphabet’s core revenue comes from advertising, but it also invests in Google Cloud and other innovative ventures.
Both companies are solid picks for investors, not just because Buffett owns them. With AI advancements and opportunities in the robotaxi market, Amazon and Alphabet are poised for growth. As quantum computing evolves, these stocks could be big winners, even for those who don’t fully grasp the technology.
Read more at Yahoo Finance: $7.7 Billion of Warren Buffett’s Berkshire Hathaway Portfolio Is Invested in 2 Quantum Computing Stocks
