From Nasdaq: 2025-02-26 06:45:00

Quantum computing is the future of the industry, processing data in “qubits” simultaneously for faster speeds. Despite being larger, costlier, and error-prone, they are used in niche sectors. The market is expected to grow at a 20.5% CAGR from 2025 to 2030. Nvidia’s CEO, Jensen Huang, predicts it will take 15-30 years for quantum computers to reach mainstream markets.

IonQ, a key player in the quantum computing space, aims to shrink QPUs’ size with its “trapped ion” technology. Its quantum computing power is expected to increase significantly by 2028. IonQ forecasts revenue growth of 75%-93% in 2024, with analysts projecting further growth in the coming years despite expected profitability challenges.

Microsoft, a leading tech company, has made strides in quantum computing with its Majorana 1 chip. This chip can fit eight qubits and shows promise in advancing cloud and AI services. With balanced growth projections and a reasonably valued stock, Microsoft offers a less risky investment option in the quantum computing market.



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