Quantum computing will take time to arrive but research is investigating ways to address the technology in Bitcoin.
Quantum computing stocks just got hit with another setback. On Jan. 10, Meta Platforms (META) CEO Mark Zuckerberg cast doubt on the technology’s near-term potential, echoing recent skepticism from Nvidia (NVDA) chief Jensen Huang and driving share prices lower.
Quantum computing is still early, experts say. Finding early stock winners is easier than crunching calculations.
Investors and traders will take their cue from the round numbers. The stock is likely to break back below $10 followed by a decline to $7.50 and then possibly $5. Each of these price levels will see investors and traders step in to “Buy the Dip” on the way down.
Stocks of quantum computing companies jumped Wednesday after Microsoft declared this as “the year to become quantum-ready,” adding “we are at the advent of the reliable quantum computing era.” Shares of Rigetti Computing and D-Wave Quantum were both up more than 22 percent.
Errors in quantum computers are an obstacle for their widespread use. But a team of scientists say that, by using an antimony atom and the Schrödinger's Cat thought experiment, they could have found a way to stop them.
Defiance Quantum ETF returned 60.4% over the last year through Jan. 3 -- just over double the S&P 500 Index's 28.1% return.
Quantum computing stocks collapsed in the early part of January, thanks in part to comments from the CEO of Nvidia. The companies have promising technology, but it is still many years away from commercialization.
MIT researchers have achieved a world-record single-qubit fidelity of 99.998% using fluxonium, a superconducting qubit.
Quantum computing has received some recent investing interest over the past month thanks to Google's breakthrough in its Willow quantum computing chip. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is a much larger business with investments in quantum computing,
Nvidia CEO Jensen Huang may have said that "very useful quantum computers" are probably still 20 years away, but his company is also hedging its bets
Jensen Huang’s comments at last week’s CES about quantum computing being decades away stirred up discussion within the quantum industry.