2 Quantum Computing Stocks That Could Supercharge Your Portfolio

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Quantum computing stocks have emerged as one of the hottest investment topics of 2024: Defiance Quantum ETF (NASDAQ: QTUM) up 49.4% year-to-date, nearly doubling S&P 500:a steady 24.3% gain of .While the development of large-scale commercial quantum computers may take years, technological breakthroughs have sparked a rapid rush toward what many consider the next computing revolution.

Excitement is not just speculative hype. Quantum computing In 2024, we hit two milestones that suggest we are approaching a technological tipping point.

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The alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) made history with its Willow quantum computing system, which demonstrated the ability to reduce errors as the number of qubits grows exponentially. This discovery solves a challenge that has puzzled researchers for nearly 30 years. More impressively, Willow completed the benchmark calculation in less than a minute, which would take today’s fastest supercomputers 10 septillion years, a period, which is much older than the age of the universe.

Meanwhile, quantum computing startup Infleqtion is in the works Nvidia: (NASDAQ: NVDA)achieved another first by demonstrating a practical application of materials science using logical qubits.This advance, which increased computational accuracy by a factor of 6, hints at the potential of quantum computing to revolutionize everything. battery technology superconductors.

While quantum computing remains in its infancy, these early discoveries, promoted by tech giants Alphabet and Nvidia, suggest we may be at the dawn of a computing revolution. Two companies are pushing this transformative technology that could supercharge your portfolio 2025 and beyond.

Leader in trapped-ion quantum computing IonQ: (NYSE: IONQ) emerged as one of the standout quantum computing stocks of 2024. The company’s new approach uses ionized atoms as the basis of its quantum systems, enabling longer and more complex calculations with fewer errors than competing approaches. IonQ’s platform integrates with all major cloud providers and supports multiple programming languages, making quantum computing very accessible to developers and researchers.

The company’s competitive advantages come from deep academic roots in ion trap technology, spanning more than 25 years of research and proven commercial traction through government and enterprise collaborations.IonQ has also expanded into quantum networks, working at the intersection of quantum computing and the future quantum internet.

 
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