"Quantum computing has surged into one of the market's hottest sectors over the past two years. Leading players in the space have delivered staggering gains, with some stocks climbing over 1,000% or even 3,000% in that period. D-Wave Quantum ( ), for instance, has rocketed more than 3,500% in the trailing year, fueled by breakthroughs in quantum annealing technology. Rigetti Computing ( NASDAQ:RGTI ) has done even better, up over 5,500%, thanks to its superconducting qubit systems ."
"What started as a fringe academic pursuit has evolved into a mainstream investment theme, drawing billions in funding from major tech corporations such as Microsoft ( NASDAQ:MSFT ) and Alphabet ( NASDAQ:GOOG )( NASDAQ:GOOGL ) that are pouring resources into quantum research. Yet, despite the hype, the technology remains years from true commercial viability. Scalable, error-free quantum computers capable of outperforming classical supercomputers on practical problems are still elusive, hampered by issues like qubit stability and high error rates."
"IonQ ( ) stands out as the frontrunner in quantum computing , leveraging trapped-ion technology that operates at room temperature for superior accuracy and scalability. Unlike many rivals relying on energy-intensive cryogenic cooling, IonQ's approach delivers high-fidelity qubits - up to 20,000 times more operations than current systems - with lower error rates. This edge has positioned IonQ as a go-to for cloud-based quantum services, integrating seamlessly with platforms from Amazon's ( NASDAQ:AMZN ) AWS to Micros"
Quantum computing stocks have surged, with some equities rising thousands of percent over two years. D-Wave climbed more than 3,500% in the trailing year and Rigetti rose over 5,500% on technological advances. Major technology firms including Microsoft and Alphabet are investing billions into quantum research. Practical, scalable, error-free quantum computers remain years away due to qubit instability and high error rates. Heights Capital Management plans to commit nearly $7 billion over seven years to one favored company, betting on a breakout. IonQ uses trapped-ion, room-temperature qubits for higher fidelity and scalability and is integrated into cloud services such as AWS and Microsoft.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]