Despite some wild swings in recent weeks, quantum computing stocks remain sizzling hot. Shares of Rigetti Computing (RGTI -2.84%) are up more than elevenfold over the past 12 months.
3 Quantum Computing Stocks I'm Buying on the Dip
Quantum's Myriad and ActiveScale see strong demand, but a slowdown in the Product segment, supply chain issues and high debt burden raise concerns.
Quantum computing may be the next sector to see share prices surge. Pure-play quantum computing company IonQ (IONQ -5.45%) is an example.
Quantum computing has been on the horizon for what feels like decades. But with the explosion of artificial intelligence (AI) over the past year or so, the quantum computing future could be upon us.
Artificial intelligence (AI) and quantum computing investing are two incredibly popular trends. While the applications of these two technologies could intersect, the companies involved with each sector often do not.
The stock market roared higher last year, and some of the biggest gainers operate in one specific field: artificial intelligence (AI). The technology promises to revolutionize many industries -- from healthcare to automobiles -- with innovations such as AI-powered medical devices and autonomous driving systems.
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 has the potential to accelerate how companies and scientists process data, which could lead to more advanced artificial intelligence, better weather predictions, and medical breakthroughs.
Quantum computing is hot right now. Shares of pure play quantum computing stocks have been soaring, and the hype train has clearly left the station.
In early December, Alphabet's Google announced a breakthrough in quantum computing that has the potential to push the entire industry forward. Its Willow quantum chip can reduce errors exponentially as it adds more qubits (the fundamental building blocks of quantum computing chips).
Quantum computing has been receiving a lot of attention lately as a handful of companies compete to develop some of the most sophisticated computers on the planet. The potential for these computers to dramatically change everything from weather prediction to cybersecurity encryption is high, though likely years away.