Summary: Quantum computing stocks surged in 2024, led by companies like IonQ and D-Wave Quantum.

From Nasdaq: 2025-01-12 08:21:00

In 2024, Quantum Computing took the spotlight with a major technology breakthrough, leading to a surge in stocks for companies like IonQ, D-Wave Quantum, Rigetti Computing, and Quantum Computing.

While the market effects are significant, the industry’s potential is accompanied by high risks, as evidenced by the small revenues and large losses reported by these quantum computing companies.

Google’s Willow chip made a groundbreaking achievement in quantum computing, outperforming traditional digital systems in solving complex problems. IBM and Google are positioned as industry leaders in the quantum computing space.

Despite the excitement, the full potential of quantum computing is still decades away, with industry experts estimating a timeline of 15 to 30 years for truly useful quantum computers. IBM and Alphabet are considered safer investments compared to smaller quantum upstarts.

Investors are advised to consider proven industry leaders like IBM and Google for long-term investments, as they are better positioned to capitalize on the future of quantum computing. The industry’s quantum leap is still a work in progress, with significant advancements needed before widespread adoption.



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