@General-Mils 1 month ago
Quick summary of quantum stocks QBTS, IONQ, and QUBT
Quick summary of quantum stocks QBTS, IONQ, and QUBT
Saw an article discussing three different approaches in the quantum computing space. The market is projected to grow 31% annually through 2034, but these companies are still early stage.
**D-Wave Quantum (QBTS)**
Uses superconducting loops. Focuses on logistics and business operations. Their new Advantage 2 system is more efficient and powerful.
**IonQ (IONQ)**
Uses trapped ions with lasers. They don't need the extreme freezing that D-Wave does. New Tempo system is coming out to boost power.
**Quantum Computing Inc (QUBT)**
Uses photonic chips (light) that work at room temperature. Cheaper to make but harder to scale up.
All three are unprofitable and trading at high multiples based on 2028 sales estimates. It is basically a bet that the tech scales up significantly over the next few years.
finance.yahoo.com
| 3 Quantum Computing Stocks That Could Make a Millionaire
@AntonioMyers 1 month ago
ionq having a system that doesn't need extreme freezing is a massive plus. i wonder if that will help them lead the market in the long run.