Google's Willow quantum chip, with 105 qubits, enhances AI and quantum applications, boosting sentiment. Despite competitors IBM (156 qubits) and Microsoft (topological qubits), Google leads when combined with AI capabilities. Quantum gains remain distant, with commercial viability post-2035. Market optimism overestimates short-term impact; sentiment-driven volatility and R&D costs could pressure margins and valuation. My valuation, assuming a 12.5% revenue CAGR and 40% EBITDA margin by 2034, indicates a 240% upside (13% CAGR). With strong management and innovation, I maintain a Buy rating.
Shares of Quantum Computing (QUBT), or QCi, blasted off Tuesday after the integrated photonics and quantum optics firm announced that it had received a contract from the National Aeronautics and Space Administration's (NASA) Goddard Space Flight Center for its imaging technology.
Alphabet Inc./Google introduced its new quantum computing chip, Willow, earlier this month, highlighting a step in the right direction but far from its destination: a market-ready product. Quantum computing continues to generate too many errors to be useful today or even in a year, and hence, excitement over its commercial viability, in our opinion, is premature. Quantum computing stocks such as IONQ, ARQQ, BBAI, RGTI, QBTS, and QUBT are skyrocketing on the one-month chart, offering windows to play on the hype, but we expect their outperformance to moderate once reality meets expectations.
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Alphabet has continued to surge higher since last week following news about its Willow quantum computing chip. The stock's recent jump higher has taken it back to new all-time highs. Since the Willow chip news from Google, smaller companies focused on quantum computing have skyrocketed. During bull markets, you often see short bursts higher like this in speculative industries due to the "FOMO" trade (fear of missing out), and they often end in tears.
The company is raising capital to bridge the gap between now and when it can sustain the business with organic cash flows.
Computers have changed pretty much every aspect of everyone's life, and quantum computers will do the same in the coming years. Breakthroughs in a new theme for the technology sector, quantum computing, are taking investors by surprise in how quickly it is being developed and now rolled out into the media, as the first machines are already up and running.
TORONTO, ON / ACCESSWIRE / December 16, 2024 / 01 Communique Laboratory Inc. (the "Company") (TSX-V:ONE)(OTC Pink:OONEF), a pioneer in post-quantum cybersecurity solutions ("PQC"), invites you to attend a virtual presentation by the Company on Wednesday, December 18th at 10:00 AM EST during which the Company will highlight its PQC roadmap and technologies as well as show how they enhance the security of blockchains and cryptocurrencies. Recent advancements have taken place in quantum computing, such as Google Quantum AI's announcement of their Willow quantum chip, which demonstrates significant improvements in error correction and scalability.
The U.S. stock market has delivered remarkable returns over the past five years, with the S&P 500 achieving double-digit gains in four of those years. While artificial intelligence (AI) and specialized semiconductor chips have largely powered this bull market, many leading tech companies now command premium valuations that may give investors pause.
Quantum Computing (QUBT 5.42%) stocks are getting increasing attention from stock market investors.
Shares of Google parent Alphabet (GOOGL -1.11%) (GOOG -1.16%) shot nearly 6% higher after the company announced the release of a quantum computing chip. On Monday, Dec. 9, the company made public its Willow quantum computing chip, claiming it could solve a problem in five minutes that would take more time than the history of the universe on a traditional computer.
TORONTO, ONTARIO / ACCESSWIRE / December 13, 2024 / Quantum BioPharma Ltd. (NASDAQ:QNTM)(CSE:QNTM)(FRA:0K91) ("Quantum BioPharma" or the "Company"), is pleased to announce that it has closed an initial tranche ("First Tranche") of the offering announced on December 5, 2024 (the "December 5 NR") and has issued 500 Debenture Units (as defined in the December 5 NR) for $500,000.