"A lot of smart people in tech seem to think that a potential "inflection point" in quantum computing is the real deal, and they may very well be right. With Alphabet ( NASDAQ:GOOG) and Google CEO recently remarking on a "very exciting phase" for quantum over the next five years, suggesting that quantum computing might be where artificial intelligence (AI) was around five years ago, it certainly seems like it's time for growth investors to get serious about the nascent technology."
"Google's Willow quantum processor is a big deal that could make Google every bit of a leader in quantum computing as it is in AI these days. Though it's too early to tell where in the timeline quantum computing is, I certainly wouldn't be shocked if AI (or superintelligence) were to pave the way for a sooner-than-expected prime-time commercialization of quantum computing technology."
"As for an inflection point, Jensen Huang seems to think one is in the works. And with AI-quantum hybrid computers potentially marking the next big steps, I do think that firms like Alphabet and Nvidia are very interesting and easier-to-value ways to get in on what could be a quantum boom through the 2030s."
Major technology leaders anticipate a potential inflection point for quantum computing within the next five years. Google's Willow quantum processor represents a significant advancement that could position Google as a leader in quantum comparable to its AI leadership. Convergence of AI and quantum, including AI-quantum hybrid systems, could accelerate commercialization and bring prime-time quantum computing sooner. Quantum pure-play stocks remain highly volatile and difficult to value. Large diversified firms such as Alphabet and Nvidia provide more accessible, easier-to-value exposure to quantum innovation and related AI-chip developments through the 2030s.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]