Shares of quantum computing systems provider IonQ (IONQ -10.02%) tumbled 11% through 11 a.m. ET Thursday after the company reported a big earnings miss for Q4 last night.
Quantum computing is often considered the next step forward for the computing industry. Whereas traditional computers still process data in binary bits of zeros and ones, quantum computers can process zeros and ones simultaneously in "qubits.
Imagine computers so powerful they can solve problems in seconds that would take today's fastest supercomputers thousands of years to crack. This is the promise of quantum computing, a revolutionary technology that harnesses the strange properties of subatomic particles to process information in entirely new ways.
Two of the biggest themes fueling stock market action today are the areas of artificial intelligence (AI) and quantum computing. These technologies are complementary and could be game changers for companies down the road -- helping them solve previously impossible problems and make tremendous gains in efficiency.
It's not an option to ignore Jon Najarian's (@MarketRebellion ) insights on Nvidia (NVDA) ahead of earnings! The veteran trader joins Diane King Hall to dive deep into the semiconductor's upcoming report, concerns over DeepSeek A.I.
Quantum computing could be the next big thing in tech after artificial intelligence (AI). However, it will take many years before the market really takes shape and practical uses for quantum computing develop.
The stock prices of quantum computing companies are surging in premarket trading this morning after Microsoft unveiled a new type of quantum computing chip yesterday, the Majorana 1. Here's what you need to know about Microsoft's breakthrough and its impact on the stock prices of quantum computing companies.
CNBC's Kate Rooney reports on news regarding quantum computing.
Quantum computing stocks rose in premarket trading on Thursday after Microsoft launched a new chip that indicated the technology is not "decades away" as stated by the top boss of AI chip bellwether Nvidia.
IonQ (IONQ 0.59%) made its way onto many investors' radars due to its dominance in the quantum computing field. While this industry is still in its infancy, many investors are excited about it due to the massive increase in computing power it would produce.
Over the last few months, small-cap stocks such as Rigetti Computing, D-Wave Quantum, and IonQ have burst onto the scene in the realm of artificial intelligence (AI). Each claims to be making groundbreaking progress in a hot new field known as quantum computing.
Microsoft Corp (NASDAQ:MSFT) overnight unveiled its new Majorana 1 chip which it claims will dramatically accelerate the timeline for building practical quantum computers. The tech giant says the breakthrough could help solve complex, real-world problems within years rather than decades.