Investing in Alphabet and Nvidia for quantum computing potential, despite long wait for useful technology.
From Nasdaq.: 2025-01-25 12:15:00
Quantum computing has been a hot investment theme lately, with Alphabet’s Willow chip breakthrough sparking excitement. However, Nvidia CEO’s statement that useful quantum computing is 15 years away caused stocks to drop. Despite this, Nvidia announced a quantum computing day at its conference. There are various quantum computing stocks to consider, with pure plays being more volatile. Alphabet stands out as a top pick due to its low gate error with the Willow chip and strong base business. Investing in larger competitors like Alphabet and Nvidia may provide a more stable option for the future of quantum computing.
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