Investors flocked to artificial intelligence (AI) stocks last year, and they drove market gains, leading the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average higher. Today, these players continue to advance, and they're joined by certain stocks in the high-potential field of quantum computing.
Most investors think quantum computing is science fiction. They're wrong -- it's a scientific fact, with quantum stock gains from the leading pure-play developers ranging from 504% to 1,220% over the past 12 months:
D-Wave achieved practical quantum supremacy, solving real-world problems in minutes, versus classical supercomputers requiring millions of years. Q1-FY25 revenue surged 509% YoY to $15 million, driven by a $12.6 million system sale to Julich. Advantage2 boasts 4,400+ qubits, 40,000 couplers, and 20-way connectivity, enabling faster, higher-quality solutions across industries.
One of the key criticisms among investors reluctant to buy into the tremendous hype surrounding quantum computing firm D-Wave Quantum Inc. NYSE: QBTS is the relatively limited nature of its marketability for the time being. The company famously relies on a small number of customers and major deals for its quantum computing systems to generate revenue, which has so far remained low relative to t...
Quantum computing stocks skyrocketed in 2024, with names such as Quantum Computing and Rigetti Computing surging by more than 1,000%. Investors were eager to get in on what could become the next game-changing technology, and revenue growth as well as scientific progress from some of these quantum specialists boosted optimism.
Quantum computing is often considered the next frontier for the tech industry. Unlike traditional computers, which store their data separately in binary bits of zeros and ones, quantum computers can process those bits simultaneously in qubits.
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