Advances like these lead me to believe that useful quantum computing is inevitable and increasingly imminent. And that’s good news, because the hope is that they will be able to perform calculations that no amount of AI or classical computation could ever achieve.
Quantum computing has been an up-and-down investment theme over the past few months. The rage kicked off when Alphabet ( GOOG 1.16%) ( GOOGL 1.13%) announced a breakthrough with its Willow quantum computing chip, and any stock associated with quantum computing rose on the news of the announcement.
Quantum computing stocks have been losing ever since Nvidia chief executive Jensen Huang said widespread applications of quantum computing are still decades away. But investors are rewarding these companies once again on Wednesday after Microsoft Corp (NASDAQ: MSFT) made a statement that starkly differs from Huang’s view on quantum computing.
Jensen Huang’s comments at last week’s CES about quantum computing being decades away stirred up discussion within the quantum industry.
Quantum computing is drawing more attention now than generative AI did before ChatGPT’s release. This sparks big questions about what QC could achieve in 2025.
Quantum computing may be many years out, but even the founder and CEO of Nvidia now seems to think: “Why wait?” Quantum computing stocks jumped Wednesday following an announcement from Nvidia that it would add a “Quantum Day” event to its GTC conference in March.
Nvidia the artificial intelligence titan, is on a downward spiral as investors react to the possibility of reduced spending in AI.
Alphabet subsidiary Google recently announced two major technical achievements with its Willow quantum computing chip. In response to the news, shares of Rigetti Computing (NASDAQ: RGTI) and D-Wave Quantum (NYSE: QBTS) during the next three weeks advanced 280% and 110%,
Amid stock-market jitters, quantum computing start-ups continue to make progress — and to score hundreds of millions of dollars in investments.
Stocks and ETFs tied to quantum computing rose significantly Wednesday after Nvidia and Microsoft highlighted the industry's enormous potential.
While the market has continued its winning ways to start the year, there are still some attractive investment opportunities -- even in the technology sector. The leader in AI infrastructure, Nvidia's (NASDAQ: NVDA) graphics processing units (GPUs) provide the computing power needed to train AI models and run inference.