Quantum computing is a rapidly advancing field driven by global competition among leading companies and countries aiming for technological breakthroughs and practical applications.

Key companies include IonQ, specializing in trapped ion quantum systems with partners such as Airbus, Hyundai, and the US Air Force.

D-Wave focuses on its Advantage2 quantum annealer and commercialization.

Rigetti offers full-stack quantum computing services and works with NASA and the US Department of Energy.

IBM has launched Quantum System One and Europe’s most powerful quantum computer in Germany, collaborating with Raytheon Technologies.

Microsoft provides an open cloud quantum ecosystem through Azure.

Nvidia develops essential quantum workflow software.

Google leads foundational research; notably, its Sycamore processor demonstrated "quantum supremacy" by performing a task beyond classical supercomputers.

Quantinuum operates commercial quantum computers addressing complex problems and workforce training .

Countries are investing heavily to secure leadership.

The US committed $1.8 billion in 2022 and supports hubs like Colorado with combined federal ($40.5 million) and state ($74 million) funding, fostering collaboration in health, AI, and national security.

Europe allocated $1.2 billion, and the UK announced £2.5 billion over ten years.

China leads worldwide with a $15.2 billion government investment targeting hardware and quantum communications.

India launched the $720 million National Quantum Mission in 2023 for developing medium-scale quantum computers and satellite-based quantum key distribution.

The UAE is building its first quantum computer, integrating it into broader innovation plans.

Russia invests across quantum hardware platforms and integrates quantum tools in AI and cryptography.

Taiwan’s TSMC is pivotal for quantum and AI hardware supply chains, underscoring semiconductor industry importance globally .

In summary, the quantum computing landscape is shaped by intense global competition.

Quantum computing is a rapidly advancing field driven by global competition among leading companies and countries aiming for technological breakthroughs and practical applications.

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Content: Monday, 25 March 2024 02: 58 GMT
UAE invests in ‘ quantum computing ’ to look to the future
(MENAFN- Al-Bayan)
The UAE is investing in the sector of quantum computing, which is expected to reach a global market value of $1 trillion in 2035, as one of the fastest expanding fields of technology in the world and because of its innovative applications capable of solving challenges in many sectors, because of its strength and speed in calculating physical phenomena, compared to traditional computers.
The UAE aims to invest in quantum computing to enable innovation and a knowledge and sustainable economy through the Quantum Research Center and UAE institutes and universities to explore the future of this vital sector. The Institute of Technology Innovation ’ s (TII) Quantitative Research Center is working to build the first quantum computer in the UAE, according to the Interregional Center for Strategic Analytics in Abu Dhabi.
The UAE has quickly realized the benefits of the quantum computing sector in all sectors and fields, especially in the economy and scientific research, as part of the country ’ s long-term strategies to keep pace with the global technological development represented by the fourth industrial revolution and artificial intelligence, which will change the face of the world in the coming years.
IDC expects global investments in quantum computing to reach $16.4 billion by the end of 2027, with a compound annual growth rate of 11.5%, which includes investments by the public and private sectors and R & D spending from technology, services and finance companies.
There is growing interest in quantum computing by global government agencies, with 14 of them (13 countries plus the European Union) announcing multi-year initiatives that will generate billions of dollars for quantum computing research.
The center said that the UAE is among the 50 projects working to create an attractive investment environment for investments in new and future sectors, including quantum computing technology.
According to Accenture Middle East, quantum computing technology is advancing rapidly, making it a promising technology sector.
The US and China dominate the quantum computing sector to take advantage of the features of the new technological revolution that has enabled scientists to study the basic particles of matter, whose applications have multiplied across different fields despite their relative novelty, promising radical transformations for any industry dependent on speed and processing power, including aerospace, automotive, medicine and others.
Quantum computing technologies have a huge market value, with quantum computing alone expected to reach a global market value of $1 trillion by 2035.
Quantum technology has played a role in many areas, including complex mathematical models, simulations, electronic devices, CT scanners and many others, as it has the potential to revolutionize the way humans communicate and process information at record speeds.
The most prominent areas of use of quantum computing can be found in many fields of military, communications and medicine, and can address economic crises and challenges quickly, and there is no doubt that quantum computing technology can change the map of national industries.
Major technology companies are leading efforts to develop quantum computing, with Google Research Lab and IBM, which built one of the largest quantum computers in the field, and the Chinese University of Science and Technology has developed a quantum computer that is 10 billion times faster than the computer developed by Google.
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Key companies include IonQ, specializing in trapped ion quantum systems with partners such as Airbus, Hyundai, and the US Air Force.

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Colorado leads the world in quantum tech. Now its potential is growing.

"If we want to live in the Jetsons Age, we've got to get this right," says regional innovation officer with Elevate Quantum
Posted at 10:08 AM, Jul 09, 2024

BROOMFIELD, Colo. — In an unassuming brick building in northern Colorado’s City of Broomfield, a new technology is harnessing the power of the very smallest particles and waves to solve our biggest problems.

On small golden chips, tiny particles known as “quantum bits” or “qubits” are trapped above the surface. Lasers and voltages move those qubits around, powering the computer of the future.

What will it mean?

“Faster discovery,” said Dr. Jenni Strabley who works with Quantinuum, the world’s biggest integrated quantum computing company.

Colorado already leads the world when it comes to quantum technology. Now, new investments in the Mountain West’s quantum tech hub are expanding its potential to transform everything from our health to our national security.

"If we want to live in the Jetsons Age, we’ve got to get this right,” said Zachary Yerushalmi, chief executive and regional innovation officer for Elevate Quantum.

"The quantum community in Colorado has a gravity around it really unlike anywhere else on the planet," Yerushalmi said. "We have more organizations, more jobs, more Nobel Prizes than any other."

But to take these innovations to the next level, Yerushalmi said collaboration is key.

Local

Quantum computer technology growing in Colorado

Amy Wadas
5:26 AM, Oct 12, 2022

Elevate Quantum is the largest regional consortium of researchers and companies working together on quantum technology in the United States. And it’s set to keep growing. The Biden Administration recognized Elevate Quantum as a designated Tech Hub late last year, and the federal government will soon invest $40.5 million in funding through the Economic Development Administration.

On top of that, Colorado is investing $74 million in state support, including $44 million in refundable tax credits to help pay for a shared quantum research facility and $30 million to help smaller Colorado quantum companies access capital through a loan loss reserve.

Colorado Gov. Jared Polis expects these investments in quantum technology to create more than 10,000 jobs and $1 billion in economic impact statewide.

But what does quantum tech mean for the average person?

“Quantum has been shaping our lives for a while, on an everyday basis,” Yerushalmi said.

The atomic clock makes our internet connection and GPS systems possible.

With emerging quantum tech, “literally any scientific promise that people think of” is within reach, he said.

Quantum has the potential to help us cure diseases like cancer and Alzheimer’s, to create batteries that last an incredibly long time without needing to charge, to take artificial intelligence to the next level and even to upend our cybersecurity abilities.

"Us having these capabilities first is fundamental to national security,” Yerushalmi said.

“The job is to stay on top,” he said, by staying together.

“Looking at history, that's how it's been done. Whether it be the Manhattan Project, whether it be the Apollo Project. It was seen as, ‘Look, guys, we just got to make it happen.’ So that's what we're doing,” Yerushalmi said.

Quantinuum is one of the companies joining this collaboration.

“This is a difficult technology to develop,” said Quantinuum’s Dr. Strabley.

Quantum computers are expensive to fabricate and take skilled workers to operate, which is why the new investments will focus on making tech many researchers can share and training Coloradans who can fill these jobs.

Dr. Strabley said Quantinuum already shares its quantum computers’ capabilities by solving complex problems for clients.

You can think of scientific questions as a maze. A classic computer operates a lot like us — it will look at the maze and take one path, then another, trying out every possible path until it solves the problem. But a quantum computer is so powerful, it can basically solve the whole maze all at once.

As the technology advances, Dr. Strabley said it will become faster and less energy-intensive to solve problems, including ones a classic computer can’t handle at all.

She said almost all discoveries start with simulations or models. Since quantum computing will eventually be able to model things very quickly, new discoveries will come faster and faster.

“Maybe it's chemistry, maybe it's machine learning, maybe it's AI,” she said.

Dr. Brian Neyenhuis, another scientist at Quantinuum leading the team that operates their commercial quantum computers, said “day to day, there's a lot of things going on here in Colorado.”

In the control room, an array of screens help Dr. Neyenhuis and his team constantly monitor how their quantum computers are doing, so they can regulate everything from the temperature in the room to the lasers shining on the chips to manipulate the “qubits.”

For now, the computers fill a large room next door. The quantum chips are placed at the center of tables, surrounded by wires and hidden behind thick black curtains meant to protect scientists’ eyes from blinding laser beams. Someday, the technology might shrink down in size and grow in capability — a lot like the computers we now hold in the palm of our hands.

"I've been dreaming about this stuff since I took my first physics classes in college, to be able to just take an individual atom and manipulate it. It's such a clean system,” Dr. Neyenhuis said. “That's quite beautiful.”

Colorado leads the world in quantum tech. Now its potential is growing.

Reflecting On 30 Years Of Service

Bob Chastain has spent the last 3 decades of his career at the Cheyenne Mountain Zoo in Colorado Springs. He's quick to tell you a story about each animal, most of them orphans, and how they got here.

Bob Chastain: 30 years of change at the Cheyenne Mountain Zoo

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What companies are leading in developing quantum computing?

What countries and blocs are leading in developing quantum computing?

D-Wave focuses on its Advantage2 quantum annealer and commercialization.

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Content: 3 Quantum Computing Stocks With Strong Buy Ratings: Summer 2024

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  • Investors should consider adding these quantum computing stocks to buy today.
  • D-Wave Quantum (QBTS):  There’s a consensus strong buy rating on the stock with an average price target of $3.17 at the moment.
  • IonQ (IONQ): Of the analysts covering the stock, three have a buy rating.
  • Rigetti Computing (RGTI): It’s also another one of the top quantum computing stocks to buy on excessive weakness.

Down but not out, quantum computing stocks are a buy on excessive weakness.

For one, as noted by McKinsey, quantum computing could help solve the most complex problems faster than ever before. Two, as noted by Time, quantum computing could help solve “complex problems that currently take the most powerful supercomputer several years could potentially be solved in seconds.” Three, we have to remember that quantum computing could be a $1.3 trillion opportunity in the making.

It can potentially speed up new drug treatment discoveries. It may even help accelerate financing and data speed, assist with climate change issues. Furthermore, cybersecurity and other mind-boggling complex issues could be solved faster than a regular computer.

And, it’s already being referred to as “a revolution for humanity bigger than fire, bigger than the wheel,” according to analysts at Bank of America (NYSE:BAC). Even more exciting is that you can buy some of the top quantum computing stocks on the cheap.

In fact, here are three you may want to buy after the July 4th holiday.

D-Wave Quantum (QBTS)

Source: T. Schneider / Shutterstock

After slipping from a high of about $2.40, D-Wave Quantum (NYSE:QBTS) has been consolidating at around $1.10. This makes it a buy. Additionally, a consensus strong buy rating on the stock has an average price target of $3.17 at the moment.

Earnings weren’t so hot. Its earnings per share loss of 11 cents was just in-line. And revenue of $2.47 million (up 56.3% year-over-year [YOY]) missed by $530,000. However, it did note that first quarter bookings of $4.5 million jumped 54% YOY.

“Coupled with the significant technical milestones we’ve achieved with the Advantage2 prototype, we believe our progress leading the commercialization of quantum through our products, customer application development and accelerating adoption is evident,” added Chief Executive Officer (CEO) Dr. Alan Baratz.

In addition, according to a new company survey of 300 businesses polled, 290 said they expect to invest $3 million to $6 million toward quantum optimization, with a potential 10x to 20x return on investment

IonQ (IONQ)

Source: Amin Van / Shutterstock.com

IonQ (NYSE:IONQ) is also a buy on weakness.

After slipping from about $22 to a recent low of about $7.30, IONQ caught strong support and is just starting to pivot from over-extensions on RSI, MACD and Williams’ %R. Plus, of the analysts covering the stock, three have a buy rating.

Furthermore, the company’s EPS loss of 19 cents did beat by six cents. Revenue of $7.6 million (up 77.2% YOY) beat by $600,000. Also, it saw $300,000 in new bookings in the first quarter. IONQ reiterated its full-year revenue target between $37 million and $41 million, a solid improvement from the $22 million posted a year ago.

Benchmark analysts who have a buy rating on IONQ, recently noted the following.

“The company’s expanding customers, including Airbus, Hyundai Motors and the United States Air Force Research Laboratory, as well as recent sales in Europe, have sparked a rising interest in system purchases, especially in Europe, fueling optimism for the coming year.”

Rigetti Computing (RGTI)

Source: Shutterstock

We can also look at Rigetti Computing (NASDAQ:RGTI), a pioneer in quantum computing, offering full-stack quantum computing services. It’s also providing services through Rigetti Quantum Cloud Services, serving global enterprise, government, and research clients.

It’s also another one of the top quantum computing stocks to buy on excessive weakness.

For one, after slipping from $1.40 to a recent low of 96 cents, it’s oversold. Two, analysts are bullish with a consensus moderate buy rating and an average price target of $3.

Three, as noted by Investorplace contributor Josh Enomoto:

“Covering experts believe that Rigetti will post a loss per share of 41 cents. That’s an improvement over last year’s loss of 57 cents. Further, revenue could hit $15.3 million, up 27.4% from the prior year. And in fiscal 2025, sales could soar to $28.89 million, up nearly 89% from projected 2024 revenue.”

On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.

Read More: Penny Stocks — How to Profit Without Getting Scammed

On the date of publication, Ian Cooper did not have (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.

Article printed from InvestorPlace Media, https://investorplace.com/2024/07/3-quantum-computing-stocks-with-strong-buy-ratings-summer-2024/.

©2024 InvestorPlace Media, LLC

What are important areas in quantum research?

Rigetti offers full-stack quantum computing services and works with NASA and the US Department of Energy.

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7 Best Quantum Computing Stocks to Buy in 2022

Quantum computing offers the potential to harness big data, make intricate predictions and use artificial intelligence (AI) to revolutionize business operations. Many industries such as automotive, agriculture, finance, healthcare, energy, logistics and space will be affected from the growth in this technology. As a result, Wall Street has been paying significant attention to quantum computing stocks.

Once considered science fiction, quantum computing has made significant progress in recent years to solve complex problems at lightning speed. This advanced technology uses the power of quantum mechanics to represent complex problems. These computers can take seconds to calculate equations that normally take days for machines that use a binary framework.

International Data Corporation forecasts that the global market for quantum computing should grow from about $412 million in 2020 to more than $8.5 billion in 2027. This increase would mean a  compound annual growth rate (CAGR) of an eye-popping 50% between now and 2027. Given such metrics, it’s understandable why investors are thrilled about the future of quantum computing stocks.

While it is currently in its early days, Wall Street has already warmed up to long-term prospects of this technology. Besides several pure-play quantum computing stocks going public in 2021, well-known tech names are pouring significant research dollars to invest in this advanced segment.

With that information, here are the seven best quantum computing stocks to buy in 2022:

  • Analog Devices (NASDAQ:ADI)
  • Defiance Quantum ETF (NYSEARCA:QTUM)
  • International Business Machines (NYSE:IBM)
  • IonQ (NYSE:IONQ)
  • Microsoft (NASDAQ:MSFT)
  • Nvidia (NASDAQ:NVDA)
  • Supernova Partners Acquisition II (NYSE:SNII)

Quantum Computing Stocks: Analog Devices (ADI)

Source: Shutterstock

52-week range: $142.25 – $191.95

Dividend yield: 1.7%

Semiconductor group Analog Devices manufactures integrated circuits that process analog and digital signals. ADI’s chips are used in data converters, high-performance amplifiers and microwave-integrated circuits.

Analog Devices issued Q4 2021 metrics on Nov. 23. Revenue increased 53% year-over-year (YOY) to $2.34 billion. Adjusted earnings soared from $1.44 per share to $1.73 per share. The company generated a free cash flow of $810 million. Cash and equivalents ended the period at $1.98 billion.

Factory automation has fueled demand for sensors and machine connectivity, which increasingly rely on Analog’s chips. In addition, the automotive industry has also become a key growth driver due to the rising use of advanced electronics in electric vehicles (EVs).

In late August, the chipmaker completed the acquisition of Maxim Integrated. The billion transaction should increase ADI’s market share in automotive and 5G chipmaking.

ADI currently trades just under $160, up 7% over the past 12 months. Shares are trading at 21.5 times forward earnings and 8.9 times trailing sales. The 12-month median price forecast for Analog Devices stock stands at $210.

Defiance Quantum ETF (QTUM)

Source: Maxx-Studio/ShutterStock.com

52-Week Range: $42.96 – $57.15

Expense Ratio: 0.40% per year

QTUM is an exchange-traded fund (ETF) that focuses on the next generation of computing. It offers exposure to names leading the way in quantum computing, machine learning and cloud computing. The fund tracks the BlueStar Quantum Computing and Machine Learning Index.

QTUM, which started trading in September 2018, has 71 holdings. The top 10 holdings account for less than 20% of net assets of $161.5 million. Put another way, fund managers are not taking major bets on any company.

Among the leading holdings on the roster are the security and aerospace company Lockheed Martin (NYSE:LMT), French telecommunications operator Orange (NYSE:ORAN) and IBM.

For most retail investors, QTUM could potentially be a safe and diversified place to start investing in quantum computing. As portfolio companies come from a wide range of technology segments, wide swings in the price of one stock will not affect the ETF significantly.

The fund has gained 8.7% over the past year and saw an all-time high in November 2021. However, the recent selloff in tech stocks led to a 10.7% decline year-to-date (YTD). Interested readers could regard this decline as a good entry point into QTUM.

Quantum Computing Stocks: International Business Machines (IBM)

Source: shutterstock.com/LCV

52-week range: $113.17 – $146.12

Dividend Yield: 4.8%

Technology giant International Business Machines (IBM) needs little introduction. The legacy tech name offers integrated solutions and services, including infrastructure, software, information technology (IT) and hardware.

IBM announced Q4 2021 financials on Jan. 24. The company generated revenues of $16.7 billion, up 6.5% YOY. Net income stood at $2.33 billion, or $2.57 per diluted share, up from $1.36 billion, or $1.51 per diluted share, in the prior-year quarter. Cash and equivalents ended the period at $6.65 billion.

After the announcement, CEO Arvind Krishna said, “We increased revenue in the fourth quarter with hybrid cloud adoption driving growth in
software and consulting.”

The company launched its Quantum System One quantum computer in 2019. Around 150 research groups and partner companies currently use IBM’s quantum computing services. These names come from financial services businesses, automakers and energy suppliers.

In June 2021, IBM unveiled Europe’s most powerful quantum computer in Germany. Moreover, the tech giant recently announced a deal with Raytheon Technologies (NYSE:RTX) to provide quantum computing and AI services for the aerospace, defense and intelligence industries.

IBM currently changes hands around $137, up 20% over the past 12 months. Shares are trading at 13.5 times forward earnings and 2.2 times trailing sales. The 12-month median price forecast for IBM stock is $144.50. Interested readers could consider buying IBM shares around these levels.

IonQ (IONQ)

Source: Shutterstock

52-week range: $7.07 – $35.90

IonQ is one of the first publicly traded pure-play quantum computing stocks. It went public via a merger with the special purpose acquisition company (SPAC) dMY Technology Group III in late 2021.

The quantum name released Q3 2021 results on Nov. 15. Its net loss was $14.8 million, or 12 cents loss per diluted share, compared to a net loss of $3.6 million a year ago. Cash and equivalents ended the quarter at $587 million. Wall Street was pleased that at the time, YTD contract bookings came in at $15.1 million.

IonQ is currently developing a network of quantum computers accessible from various cloud services. The technology uses ionized atoms that allow IonQ’s machines to perform complex calculations with fewer errors than any other quantum computer available.

The start-up has the financial backing of prominent investors, including Bill Gates and the Japanese telecommunications company Softbank Group (OTCMKTS:SFTBF). In addition, IonQ has been developing strategic partnerships with Microsoft, Amazon’s (NASDAQ:AMZN) Amazon Web Services and Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) Google Cloud.

While IonQ is taking steps to become a commercialization-stage name, it is still a speculative investment. With its potential for explosive growth, it could be an attractive quantum computing stock for investors looking to take a risk.

IONQ stock hovers around $12. The recent selloff in tech stocks has led to a 26.7% decline YTD. Yet, the 12-month median price forecast for IONQ stock stands at $23.

Quantum Computing Stocks: Microsoft (MSFT)

Source: rafapress / Shutterstock.com

52-week range: $224.26 – $349.67

Dividend Yield: 0.8%

Microsoft is one the largest and most prominent technology firms worldwide. It offers software products and services, including Azure cloud service, the Office 365 productivity suite and the customer relationship management (CRM) platform Dynamics 365.

Meanwhile, the Microsoft Quantum is “the world’s first full-stack, open cloud quantum computing ecosystem” that allows developers to create quantum applications and run them on multiple platforms. The software giant provides quantum computing services via the cloud on Azure.

Management announced robust Q2 FY22 metrics on Jan. 25. Revenue increased 20% YOY to $51.7 billion. Net income surged 21% YOY to $18.8 billion, or $2.48 per diluted share, compared to $15.5 billion, or $2.03 per diluted share, in the prior-year quarter. Cash and equivalents ended the period at $20.6 billion.

On Jan. 18, Microsoft announced plans to acquire Activision Blizzard (NASDAQ:ATVI), a leading player in game and interactive entertainment development. It will be an all-cash transaction valued at $68.7 billion. Wall Street expects this deal to provide tailwinds for Microsoft’s gaming business and building blocks for the metaverse.

MSFT stock currently trades just under $310, up 27% over the past 12 months. Shares support a valuation of 32.6 times forward earnings and 12.3 times trailing sales. And the 12-month median price forecast for Microsoft stock stands at $370.

Nvidia (NVDA)

Source: Antonio Baccardi / Shutterstock.com

52-week range: $115.67 – $346.47

Dividend Yield: 0.06%

Santa Clara, California-based Nvidia has become an important name in advanced semiconductor design and software for next-generation computing development. InvestorPlace readers likely know the chipmaker is a market leader in the gaming and data center markets.

Nvidia announced impressive Q3 FY 2022 numbers on Nov. 17. Revenue soared 50% YOY to a record $7.1 billion, fueled by record sales in the gaming and data center businesses. Net income increased 62% YOY to $2.97 billion, or $1.17 per diluted share. Cash and equivalents ended the period at $1.29 billion.

The chipmaker provides the necessary processing power that drives the development of quantum computing. Additionally, Nvidia recently released cuQuantum, a software development kit designed for building quantum computing workflows. It has partnered with Google, IBM and other quantum computing players that rely on cuQuantum to accelerate their quantum computing work.

Given its growing addressable market in cloud computing, gaming, AI, and more recently the metaverse, NVDA stock deserves your attention. Share are changing hands around $245, up nearly 80% over the past year. However, despite an 18% decline YTD, shares are trading at 46.5 times forward earnings and 25 times trailing sales.

Finally, the 12-month median price forecast for Nvidia stock is $350. As the company gets ready to report earnings soon, investors should expect increased choppiness in price.

Quantum Computing Stocks: Supernova Partners Acquisition II (SNII)

Source: Dmitry Demidovich/ShutterStock.com

52-week range: $9.62 – $12.75

Our final stock is Supernova Partners Acquisition II, a SPAC. It is merging with Rigetti Computing, a start-up focused on quantum computer development. As a result of the merger, Rigetti Computing was valued at about $1.5 billion and received $458 million in gross cash proceeds.

Rigetti designs quantum chips and then integrates those chips with a controlling architecture. It also develops software used to build algorithms for these chips.

Rigetti recently announced business highlights for the nine months ended Oct. 31, 2021. Revenue came in at $6.9 million. Net operating loss declined 3% YOY to $26.2 million.

“We believe the time for quantum computing has arrived,” said founder and CEO Chad Rigetti. “Customer demand is increasing as Rigetti quantum computers begin to address high-impact computational problems.”

The start-up launched the world’s first scalable multi-chip quantum processor in June 2021. This processor boasts a proprietary modular architecture. Now Wall Street expects the company to move toward commercialization.

Rigetti collaborates with government entities and technology to advance its quantum processors. For instance, it boasts strategic partnerships with the National Aeronautics and Space Administration (NASA) and the U.S. Department of Energy. It also works with data analytics firm Palantir Technologies (NYSE:PLTR) and electronics manufacturer Keysight Technologies (NYSE:KEYS).

SNII stock is currently shy of $10, down about 4% YTD. As investors’ interest in quantum computing names grow, shares are likely to become hot.

On the date of publication, Tezcan Gecgil holds both long and short positions in NVDA stock. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Tezcan Gecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation.

Article printed from InvestorPlace Media, https://investorplace.com/2022/02/7-best-quantum-computing-stocks-to-buy-in-2022/.

©2022 InvestorPlace Media, LLC

What companies are leading in developing quantum computing?

What countries and blocs are leading in developing quantum computing?

IBM has launched Quantum System One and Europe’s most powerful quantum computer in Germany, collaborating with Raytheon Technologies.

What are important areas in quantum research?

What companies are leading in developing quantum computing?

What countries and blocs are leading in developing quantum computing?

What have been the landmark achievements in quantum computing?

IBM's world's first integrated quantum computing system, IBM Quantum System One

What seminal quantum computers/ processors have been developed?

Microsoft provides an open cloud quantum ecosystem through Azure.

What companies are leading in developing quantum computing?

Nvidia develops essential quantum workflow software.

What are important areas in quantum research?

Google leads foundational research; notably, its Sycamore processor demonstrated "quantum supremacy" by performing a task beyond classical supercomputers.

What advantages do quantum computers have over conventional computers?

extremely fast calculations
extremely complex calculations

What are important areas in quantum research?

What companies are leading in developing quantum computing?

What countries and blocs are leading in developing quantum computing?

What have been the landmark achievements in quantum computing?

Google's Sycamore quantum supremacy experiment

Quantinuum operates commercial quantum computers addressing complex problems and workforce training .

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  1. Hardware
  2. Quantum
April 25, 2023

Investment in quantum technology hit a record $2.35bn last year

Billions of dollars have been invested in quantum technology since 2001 with the majority of that investment happening since 2020.

By Ryan Morrison

Quantum technology companies attracted more than $2.35bn in private investment last year, slightly breaking the record set in 2021. A new report by McKinsey suggests this investment could be well placed, as companies deploying quantum stand to gain $1.3trn in value by 2035. To unlock this potential companies have to focus on attracting top talent and scaling up the speed and accuracy of qubits. One expert says public and private sector organisations have a role to play in solving the talent problem.

The McKinsey report suggests four industries are likely to see the earliest impact – automotive, chemicals, financial services and life sciences. This is because these areas have high compute needs and complex problems where quantum advantage is likely to come earlier.

A significant amount of investment in quantum technology is going to start-ups that came into the industry in the past two years. According to McKinsey, 68% of the money put into quantum since 2001 has been invested in the last two years

As of last year, that investment is being spread over fewer new companies. In 2021, 41 quantum technology start-ups were founded, dropping to 19 in 2022 which, according to McKinsey suggests money is going to established start-ups rather than new companies, which could be tied to difficulties in attracting new talent.

The report suggests investors are looking for companies “ready to scale”, with four of the ten largest investment deals since 2001 closed in 2022. Some of these have been worth up to $500m and seven of the ten largest deals in 2022 were worth more than $100m.

Public sector investment is also growing rapidly with the US committing $1.8bn in 2022, the UK will spend £2.5bn over a decade and the EU has $1.2bn for quantum on the table. These are all dwarfed by the estimated $15.2bn public investment in quantum announced by the Chinese government.

Another reason for the redirection of investment towards more established companies could be tied to the slowdown in major scientific breakthroughs, the report authors speculated.

Many of the early-stage quantum technology companies are formed out of university projects and in 2022 the number of published papers on quantum technology declined by 61% between 2020 and 2021. There was another decline, of about 5% between 2022 and 2021. This, they wrote, could be due to challenges becoming harder to solve.

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Need for ‘fault -olerant’ quantum machines

The next stage in quantum computing requires both a ramp-up in qubit numbers and quality to create “fault-tolerant” processors capable of solving real-world problems more accurately and faster than classical computers. The problem is that while qubit numbers have been growing steadily, the quality hasn’t kept pace.

IBM has gone from a 20-qubit processor in 2019 to announcing a 1,000+ qubit machine due for release next year, but it also has a second track of processors with better quality qubits but far fewer actual qubits on each chip.

“In each of the five main approaches to quantum computers, difficult challenges remain,” the authors wrote. This is across all the main types of qubit being developed. For example, in photonics these devices still “leak” photons which results in computation failures and high error rates. In superconducting systems like those used by IBM and Google there are issues scaling up the control and cooling systems to handle potentially thousands of qubits.

These problems have to be solved to unlock the economic value the technology holds, the report authors declared. As economic value depends on speedup, which depends on algorithm complexity, execution time and problem size.

Achieving this scale-up will require top talent and while the talent gap is “significant”, McKinsey suggests it is narrowing in quantum technologies. “Our analysis shows that nearly two-thirds of open jobs in the industry could be filled with new masters’-level graduates in 2022.”

There are still shortages though, with OECD figures showing 717 active job postings last year and 450 master's-level graduates with degrees applicable to those vacancies. This was better than in 2021 when there were 851 job vacancies and just 290 graduates.

Talent isn't evenly spread. Based on density per million inhabitants the EU and UK are top destinations for graduates in quantum technology-relevant fields with 303 per million graduating in the EU in 2020 and 217 per million in the UK.

Ekaterina Almasque, general partner at VC fund OpenOcean, told Tech Monitor the quantum industry was “in its growth phase”, making it extremely challenging to find talent with the necessary skills across a range of technologies and services. “Most individuals working in the industry today were introduced to the concept of quantum computing at a relatively late stage," Almasque says. "While this will change naturally as the industry becomes more established, the private and public sector stakeholders of quantum computing must work together to improve this.”

She adds: “From a European perspective, many pioneering quantum computing businesses are pushing to become world leaders. For Europe to properly establish and maintain a lead in quantum computing, there must be a broad, strategic initiative for early education in quantum computing.”

  • Ryan Morrison writes a new weekly newsletter, Quantum Untangled, looking at the practical applications of quantum computing and interviewing leading figures from the industry. Sign up here.

Read more: How will the UK develop quantum computer regulation?

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What advantages do quantum computers have over conventional computers?

What are important areas in quantum research?

Countries are investing heavily to secure leadership.

Title:

Content: Investments in quantum computing startups reached $2.35 billion in 2022
Quantum technologies have great potential for both science and business, and attract large investments in different countries of the world, including Russia.
This is stated in the analytical report "Quantum Computing: Prospects for Business", which was prepared jointly with the Federal State Unitary Enterprise "VNIIA named after N.L. Dukhov" and the Institute of Artificial Intelligence AIRI.
“Increasing attention in the world is paid to supporting start-ups in the field of quantum technologies.
In 2022, venture investors around the world invested $2.35 billion in them.
Also last year, almost 1,600 patents were issued and published in all subfields of quantum computing: from physical implementations of quantum equipment and error correction to AI [artificial intelligence] and machine learning.
Video of the day
Leading countries, realizing the breakthrough potential of this direction, include quantum technologies in national programs and allocate increasing budgets for research.
The leader is China with $15.3 billion in government funding.
Development programs have the leading technological corporations of the world.
So, which has made a quantum processor for 433 qubits [qubit or quantum bit - the main unit of information in quantum processors and quantum computing], plans this year to increase the number of qubits to 1121, and intends to show a device for a thousand qubits after 2025.
The intention to develop a full stack of technologies for quantum computing announced and has already released to the market quantum chips on spin qubits.
In Russia, work on quantum computing is underway on four key physical platforms: superconducting qubits, photonic circuits, neutral atoms, and trapped ions.
The Russian Federation has also formed a pool of organizations, including companies, scientific institutions and universities that conduct research and development, study the applicability of quantum computing to practical tasks.
“Quantum computing can give the world an impetus to the development of new industries based on the processing of big data.
In addition, they can improve the performance and efficiency of artificial intelligence algorithms, the accuracy of models and simulations of complex systems (such as molecules of new drugs, chemical reactions or physical processes), as well as provide a new level of calculations in finance and logistics, new solutions to climate problems and cryptographic algorithms that will provide a higher level of security.
The authors of the report come to the conclusion that although no one in the world has been able to demonstrate practical quantum superiority, nevertheless, companies should plan today what will happen after its achievement.
Quantum computing is able to integrate seamlessly into data processing workflows, using adaptation tools for popular programming languages and interfaces.

The US committed $1.8 billion in 2022 and supports hubs like Colorado with combined federal ($40.5 million) and state ($74 million) funding, fostering collaboration in health, AI, and national security.

What countries and blocs are leading in developing quantum computing?

What fields can quantum computers advance?

Europe allocated $1.2 billion, and the UK announced £2.5 billion over ten years.

China leads worldwide with a $15.2 billion government investment targeting hardware and quantum communications.

What countries and blocs are leading in developing quantum computing?

India launched the $720 million National Quantum Mission in 2023 for developing medium-scale quantum computers and satellite-based quantum key distribution.

What are important areas in quantum research?

What fields can quantum computers advance?

The UAE is building its first quantum computer, integrating it into broader innovation plans.

What are important areas in quantum research?

Russia invests across quantum hardware platforms and integrates quantum tools in AI and cryptography.

What are important areas in quantum research?

What fields can quantum computers advance?

Taiwan’s TSMC is pivotal for quantum and AI hardware supply chains, underscoring semiconductor industry importance globally .

Title:

Content: MPWR

Put $10,000 in These 7 Stocks by 2025

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

I believe that investors could receive a handsome return by investing $10,000 into these seven stocks to buy by 2025. These companies are undervalued relative to their intrinsic worth, boasting attractive valuations that present a compelling opportunity for patient, long-term investors. Despite trading at discounted levels, these businesses collectively possess a diversified revenue stream, spanning multiple industries and geographic regions, mitigating concentration risk and enhancing portfolio resilience.

Looking ahead, these companies are poised for substantial growth, underpinned by favorable industry tailwinds, innovative product pipelines, and strategic expansions.

I strongly believe the stocks to buy outlined in this article will help investors reach market-beating returns in the foreseeable future. But some are less risky than others, focusing on an income strategy, which could add some much-needed stability to one’s portfolio.

So here are seven stocks to buy before 2025. Don’t miss out on these opportunities to get impressive gains.

Monolithic Power Systems (MPWR)

Source: Chompoo Suriyo / Shutterstock.com

Monolithic Power Systems (NASDAQ:MPWR) specializes in the design, development, and manufacture of integrated power solutions. The company’s product offerings include power modules, analog ICs, and integrated power delivery architectures.

In the fourth quarter of 2023, MPWR reported earnings of $2.04 per share, slightly below the expected $2.21, with a revenue of $454 million, which was slightly above analyst predictions.

I believe MPWR is one of those stocks to buy for a few reasons. First, the company’s management has projected a top-line growth of about 12% annually over the next three years, and analyst expectations are even more bullish.

Namely, analysts predict that MPWR’s EPS will increase around 49% this year, and there is incremental growth expected for this company moving forward. This then positions MPWR as one of those under-appreciated semiconductor stocks to buy, and I think it deserves a substantial investment due to these factors and more.

EchoStar Corporation (SATS)

Source: Shutterstock

EchoStar Corporation (NASDAQ:SATS), a provider of satellite communication solutions, serves a wide range of consumer and enterprise clients throughout the Americas.

The main reason I’m bullish on SATS is that it’s navigating a recent strategic merger with DISH Corporation. Although extracting value from DISH’s assets may require time, the potential to enhance shareholder value through synergies is promising.

Financial analysts are optimistic about EchoStar’s future, forecasting a significant 63.81% potential return over the next year. Despite expectations of short-term revenue decline as it integrates DISH’s operations, substantial benefits are anticipated post-FY2026, likely boosting both revenue and earnings per share EPS.

Another key reason I’m bullish is that SATS trades far below its book value per share of 0.20 at the time of writing. I expect this ratio to come closer to 1 as it unlocks equity from the DISH network merger, which makes it one of those space stocks to buy for investors.

BHP Group (BHP)

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I think that BHP Group (NYSE:BHP) should find a place in every investor’s portfolio, and thus is worth a few thousand dollar investment. The company is one of the world’s largest miners of major commodities including iron ore, copper, coal, and petroleum. It’s also one of the world’s largest producers of uranium, and I believe this gives a key growth driver.

BHP produces uranium as a byproduct at its Olympic Dam operations in South Australia. The operation contributes to the broader commodity mix that includes copper, which aligns with BHP’s strategy to bolster its energy transition minerals portfolio.

It also pays a dividend yield of around 5% at the time of writing and has returned a 22% return (excluding dividends) to investors over the past five years.

For the fiscal year 2024, BHP has reaffirmed its production guidance, and expects stable output for the rest of the year. BHP could be one of those stocks to buy for investors due to its strong yield and solid returns.

Tesla (TSLA)

Source: Rokas Tenys / Shutterstock.com

Tesla (NASDAQ:TSLA) has announced substantial capital expenditure plans for 2024, committing over $10 billion to fuel its growth initiatives, including enhancements to its manufacturing facilities and expansion of the Supercharger network.

TSLA also plans to further ramp up production, with an anticipated increase to 2.25 million vehicles, focusing on markets outside China where it faces less competition from local manufacturers.

I think the key thing to keep in mind with TSLA is that it has undergone a cyclical pullback in CAPEX and I believe that it’s on its way up again, despite its stock falling 16.98% to a new yearly low.

The Chinese EV market may have blindsided TSLA strategically, but I firmly believe that it remains one of the top automakers in the U.S., especially for consumers who demand an EV made on American soil. These factors then make TSLA one of those stocks to buy if investors have a long-term thesis on the stock.

IonQ (IONQ)

Source: Amin Van / Shutterstock.com

IonQ (NYSE:IONQ), a leader in pure-play quantum computing, focuses on the development of trapped ion quantum computers.

I am firmly bullish on the potential for quantum computing, and I think that IONQ could be one of the best options that investors have to navigate this super-cycle.

As quantum hardware and software continue to advance, we could see transformative breakthroughs across multiple industries. IonQ’s trapped ion approach is seen as one of the most promising avenues for achieving the holy grail of fault-tolerant, scalable quantum computing.

For the entire year of 2024, the company expects its revenue to fall between $37 million and $41 million, with bookings projected to be in the range of $70 million to $90 million. In the first quarter of 2024 alone, revenue is anticipated to be between $6.5 million and $7.5 million. Despite these positive forecasts, IonQ predicts an adjusted EBITDA loss of $110.5 million for the year.

Grab (GRAB)

Source: Twinsterphoto / Shutterstock.com

Grab (NASDAQ:GRAB) is one of my favorite penny stocks and stocks to buy for investors looking to tap into the gig economy in developing countries, particularly in Southeast Asia.

Grab is a super-app company operating across eight countries in Southeast Asia, offering services like ride-hailing, food delivery, and digital payments. While it dominates the ride-sharing market in the region, Grab’s ambitions extend far beyond transportation.

GRAB is positioned to take advantage of the rising middle classes in countries such as Thailand, Vietnam, Laos, and others, which it has an entrenched advantage.

Looking ahead to 2024, GRAB plans to enhance its product offerings and expand into new markets. They aim to increase engagement in the development of new services, such as Family Accounts and other high-value options. Break ven profitability is expected in FY2025 by analysts, and in FY2026 a huge 343.36% EPS surge is on the cards.

Alphabet (GOOG, GOOGL)

Source: IgorGolovniov / Shutterstock.com

In the FAANG acronym, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is one of my favorite stocks to buy. I feel that it has gone of the strongest competitive moats, controlling two of the world’s most visited websites with a distinct lack of competition. It also produces an astonishing amount of free cash flow, generating $69.5 billion of it in the last twelve months.

Some of GOOG’s recent results were also impressive.

In the fourth quarter of 2023, Alphabet reported revenue of $86.31 billion, which exceeded analyst expectations by a significant margin, as estimates were around $70.77 billion. The company’s EPS for this quarter also surpassed expectations, coming in at $1.64 compared to the forecasted $1.60.

For the full year of 2024, Alphabet is expected to achieve an EPS of $6.57, indicating a robust year-over-year growth from 2023’s performance. Revenue forecasts for 2024 suggest a substantial increase to $352.58 billion, up from $307.39 billion in 2023.

This then make it one of those stocks to buy.

On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.

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The post Put $10,000 in These 7 Stocks by 2025 appeared first on InvestorPlace.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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In summary, the quantum computing landscape is shaped by intense global competition.