{"id":10647,"date":"2023-09-28T15:07:57","date_gmt":"2023-09-28T15:07:57","guid":{"rendered":"https:\/\/businessyield.com\/tech\/?p=10647"},"modified":"2023-09-28T15:07:59","modified_gmt":"2023-09-28T15:07:59","slug":"quantum-computing-stocks","status":"publish","type":"post","link":"https:\/\/businessyield.com\/tech\/reviews\/quantum-computing-stocks\/","title":{"rendered":"Top 9 Best Quantum Computing Stocks to Buy In 2023","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

The power of quantum physics is harnessed by quantum computing technology. It’s intriguing because this area of study holds the potential to greatly increase computer speed compared to what is now feasible. <\/p>\n\n\n\n

Do you want to know how to make investments in quantum computing? By purchasing stock in organizations advancing the development of quantum technology, you can invest in quantum computers. In this article, you will discover some of the top firms to invest in as well as additional information on how you can invest in quantum computing. <\/p>\n\n\n\n

What is Quantum Computing? <\/span><\/h2>\n\n\n\n

Quantum computing is a type of computer that processes data using quantum physics. It makes it possible for quantum computers to carry out some common tasks more quickly than conventional ones.<\/p>\n\n\n\n

To execute calculations, traditional computers require bits, which are binary units of information that can either be 0 or 1. Quantum bits (qubits), on the other hand, are used in quantum computers and can simultaneously exist in the states of 0 and 1. Due to this, calculations can be completed more quickly by quantum computers than by traditional computers.<\/p>\n\n\n\n

Why Invest in Quantum Computing?<\/span><\/h2>\n\n\n\n

#1. Since they are more powerful than conventional computers, quantum computers can address difficult issues. <\/p>\n\n\n\n

#2. Investing in firms working on quantum computing can help you stay on the cutting edge of computer and defense technology. <\/p>\n\n\n\n

#3. Furthermore, with quantum computers, you can create machine-learning algorithms that are more precise and effective. These algorithms are employed in applications like speech and picture recognition. <\/p>\n\n\n\n

#4. Quantum computers are helpful for businesses creating artificial intelligence (AI) technology.<\/p>\n\n\n\n

Top 10 Quantum Computing Companies <\/span><\/h2>\n\n\n\n

Here are some of the companies building quantum computers.<\/p>\n\n\n\n

#1. Amazon:<\/span><\/h3>\n\n\n\n

Amazon recently entered the race to create a quantum computer. They declared the AWS Center for Quantum Computing would open in Pasadena, California, in 2021.<\/p>\n\n\n\n

In addition to these initiatives, Amazon gives developers access to third-party partners’ quantum computers and tools through its Amazon Braket quantum computing service. Customers can use this service to construct quantum projects, perform quantum algorithms, and accelerate their quantum computing research.<\/p>\n\n\n\n

#2. D-Wave Systems<\/span><\/h3>\n\n\n\n

The first company to sell a commercial quantum computer in the world is a Canadian business called D-Wave Systems. The D-Wave Advantage system, its most recent model, has a processing architecture with more than 5,000 qubits and a 15-way connection.<\/p>\n\n\n\n

Furthermore, the company provides a whole stack of cloud-based platforms in addition to hardware to help businesses, governments, national laboratories, and academic institutions create quantum applications.<\/p>\n\n\n\n

#3. Google<\/span><\/h3>\n\n\n\n

A programmable superconducting processor is being developed by Google’s Quantum AI lab. Sycamore, a 54-qubit processor made of high-fidelity quantum logic gates, is a recent iteration.<\/p>\n\n\n\n

Google asserted Sycamore had attained quantum supremacy in 2019. When a quantum device can solve a problem exponentially more quickly than a classical processor, this is known as quantum supremacy. <\/p>\n\n\n\n

Since then, Sycamore has been used to execute other simulations, including ones of wormholes and chemicals. In addition, to create unique quantum algorithms, Google has also created a software stack comprising open-source tools and a quantum computing service. From hardware control systems and quantum control to physics modeling and quantum error correction, its research team is still driving progress in quantum computing.<\/p>\n\n\n\n

#4. IBM<\/span><\/h3>\n\n\n\n

At the Quantum Summit in November 2022, IBM released a development roadmap outlining its goals and schedule for advancing quantum computing through 2025. Its main objective is to move past the use of single processors, and by 2025, it intends to integrate multichip processors into a single processor it has termed the Kookaburra. The multichip Kookaburra processor will feature 4,158 qubits in comparison to IBM’s most recent CPU, Osprey, which has 433 qubits.<\/p>\n\n\n\n

Along with its hardware offerings, IBM also manages several cloud-based quantum systems that give academics, companies, and developers access to a range of tools and services. Among them are IBM Quantum Composer, IBM Quantum Lab, and Qiskit, an open-source quantum SDK. Users can create, test, and operate quantum projects on this platform using both the public and premium levels.<\/p>\n\n\n\n

#5. IonQ<\/span><\/h3>\n\n\n\n

IonQ offers three quantum systems: IonQ Harmony, an 11-qubit system, which debuted in 2020; IonQ Aria, a 25-qubit system, which debuted in 2022; and IonQ Forte, a 32-qubit system that is presently being developed and is undergoing beta testing with academics. Harmony and Aria are both based on the trapped-ion technology architecture of IonQ, and they are both accessible through either the IonQ Quantum Cloud or Amazon Braket.<\/p>\n\n\n\n

#6. Microsoft<\/span><\/h3>\n\n\n\n

Microsoft is now working on its own fully functional, scalable quantum machine using a novel strategy that focuses on topological qubits. <\/p>\n\n\n\n

While this technology is still under development, Microsoft’s Azure Quantum platform also includes a selection of quantum computers from other hardware manufacturers. This service gives researchers, companies, and developers access to an open development environment that gives them the freedom to experiment with current quantum systems and fine-tune their algorithms.<\/p>\n\n\n\n

#7. QCI<\/span><\/h3>\n\n\n\n

A full-stack quantum corporation called Quantum Computing Inc. (QCI) states that it is dedicated to democratizing access to quantum value. Instead of developing quantum computing services for the biggest businesses, QCI’s products are more accessible and less expensive.<\/p>\n\n\n\n

Hardware-wise, QCI has created the Entropy Quantum Computer (EQC), which intends to produce practical qubits to carry out computations right away rather than ten years from now.<\/p>\n\n\n\n

Additionally, QCI provides Qatalyst, a cloud-based tool that lets end users solve issues with quantum systems without the need for sophisticated programming skills. <\/p>\n\n\n\n

#8. Quantinuum<\/span><\/h3>\n\n\n\n

Cambridge Quantum and Honeywell Quantum Solutions announced a merger in 2021, creating Quantinuum. Through the transaction, Honeywell Quantum Solutions, a company that creates quantum hardware based on trapped-ion technology, joined forces with Cambridge Quantum, a company that creates quantum software.<\/p>\n\n\n\n

The biggest quantum volume measurement ever recorded (32,768) was attained by Honeywell’s System Model H1 quantum computer. Additionally, this equipment works in tandem with Cambridge Quantum’s software, which uses quantum computing to address complicated issues in a variety of fields, including medicines, specialty chemicals, and other fields.<\/p>\n\n\n\n

#9. Rigetti Computing<\/span><\/h3>\n\n\n\n

A manufacturer of integrated systems, Rigetti Computing creates superconducting quantum processors and quantum computers. <\/p>\n\n\n\n

Through its Quantum Cloud Services platform or Amazon Braket, Rigetti’s quantum computing devices are accessible to users. Additionally, programmers can create quantum algorithms on the cloud platform to simulate their quantum processors.<\/p>\n\n\n\n

#10. Xanadu<\/span><\/h3>\n\n\n\n

A Canadian business called Xanadu Quantum Technologies is constructing quantum computers using a photonic method.<\/p>\n\n\n\n

One of the biggest photonic quantum computers ever created, Borealis from Xanadu, excels at solving Gaussian boson sampling issues, which would otherwise require thousands of years on traditional computers.<\/p>\n\n\n\n

PennyLane, an open-source software library for developing applications and quantum computing, is also being developed by Xanadu. Note that organizations can use Xanadu Cloud or Amazon Braket to access Borealis.<\/p>\n\n\n\n

Top 9 Best Quantum Computing Stocks<\/span><\/h2>\n\n\n\n

#1. IonQ (IONQ)<\/span><\/h3>\n\n\n\n

IonQ is the only pure-play quantum computing investment available on a public stock exchange. It was created in 2021 through a merger with dMY Technology Group III.<\/p>\n\n\n\n

The stock is undoubtedly capable of making significant gains, as evidenced by its sky-high 370% increase as of July 26, which elevated it to the top stock to hold in 2023. Nevertheless, it is still a startup with minimal sales and no earnings. This means it is a speculative business that is capable of huge gains or huge losses. <\/p>\n\n\n\n

#2. Microsoft Corp. (MSFT)<\/span><\/h3>\n\n\n\n

Microsoft is at the forefront of quantum computing innovation. This ecosystem enables data engineers to build quantum applications and operate them across various platforms.<\/p>\n\n\n\n

Oracle will find it simpler and more productive to run Microsoft Azure’s AI services on top of the Oracle database thanks to the computing giant’s expansion of their four-year relationship. As Microsoft tightens its grip on the worldwide cloud computing business, that process is now more integrated. <\/p>\n\n\n\n

The Oracle transaction demonstrates that Microsoft’s investment in cloud computing is beginning to pay off as quantum computing research advances and its Azure cloud revenues increase.<\/p>\n\n\n\n

#3. International Business Machines Corp. (IBM)<\/span><\/h3>\n\n\n\n

IBM is at the forefront of the quantum computing revolution. Sony Group Corp. (SONY), Samsung Electronics Co. Ltd., and the US government either use IBM quantum computing programs at the moment or are collaborating with IBM to develop more powerful quantum computing systems.<\/p>\n\n\n\n

On September 18, IBM shares finished at $145.09, representing a 6.9% increase so far this year. The company’s sizable 4.6% forward dividend is a welcome benefit. With 30 years of dividend increases, IBM has long been a dividend powerhouse.<\/p>\n\n\n\n

#4. Nvidia Corp. (NVDA)<\/span><\/h3>\n\n\n\n

The first computing system to combine GPUs and quantum computing is Nvidia’s DGX Quantum. In addition, Nvidia is involved in two actual quantum computing projects:<\/p>\n\n\n\n