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Summary: With the potential to revolutionize industries ranging from healthcare to finance, the demand for quantum computing technology is skyrocketing. The most convenient way to buy any of the 10 biggest quantum computing companies’ stock is through a reputable brokerage platform, such as our go-to option—eToro.
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What are quantum computing stocks?
Quantum computing harnesses the principles of quantum mechanics to perform computations that are exponentially faster than traditional computers. These stocks are considered high-risk, high-reward investments due to the speculative nature of the technology and its potential to disrupt various industries.
About the quantum computing industry
The global quantum computing market is poised for substantial growth, projected to surge from $1.3 billion in 2024 to $5.3 billion by 2029, indicating a remarkable CAGR of 32.7%.
This expansion is propelled by the escalating adoption of quantum computing technologies, fueled by significant investments pouring into the field. Namely, governments, institutions, and private entities are funneling resources into quantum initiatives, recognizing the transformative potential of this technology across various sectors.
Where to invest in quantum computing stocks
There are plenty of available online brokerage platforms for you to choose from if you’re looking to invest in quantum computing stocks. Nevertheless, our go-to option is eToro, which offers a wide array of features. Some of these include:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- Charting tools;
- The option to purchase fractional shares.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
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Copy top-performing traders in real time, automatically.
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eToro USA is registered with FINRA for securities trading.
What are the 10 biggest quantum computing companies?
After thorough research, we’ve come up with a list of the 10 biggest quantum computing companies right now. They include:
- IBM (NYSE: IBM);
- Amazon (NASDAQ: AMZN);
- Microsoft (NASDAQ: MSFT);
- Intel (NASDAQ: INTC);
- D-Wave Quantum Inc (NYSE: QBTS);
- Rigetti Computing Inc (NASDAQ: RGTI);
- Atos SE (XETR: AXI);
- Ionq Inc (NYSE: IONQ);
- Alphabet (NASDAQ: GOOG);
- Baidu, Inc. (NASDAQ: BIDU).
1. IBM (NYSE: IBM)
IBM has been a pioneer in quantum computing, with its IBM Quantum Experience offering cloud-based access to quantum computing resources. With a robust research and development team, IBM is at the forefront of advancing quantum computing technology.
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2. Amazon (NASDAQ: AMZN)
Amazon Web Services launched Amazon Braket, a fully managed quantum computing service, that allows customers to experiment with quantum algorithms. With its vast resources and commitment to innovation, Amazon is a significant player in the quantum computing space.
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3. Microsoft (NASDAQ: MSFT)
Microsoft‘s Azure Quantum platform provides developers with access to quantum computing resources, software tools, and a global network of experts. Leveraging its expertise in software development and cloud computing, Microsoft is making significant strides in quantum computing research.
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4. Intel (NASDAQ: INTC)
Intel is investing heavily in quantum computing research, aiming to develop scalable quantum processors. With its expertise in semiconductor technology, Intel is focused on overcoming the engineering challenges of building practical quantum computers.
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5. D-Wave Quantum Inc (NYSE: QBTS)
D-Wave is a leading provider of quantum computing systems, known for its quantum annealing technology. With a focus on building commercial quantum computers, D-Wave’s systems are utilized by researchers and organizations worldwide.
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6. Rigetti Computing Inc (NASDAQ: RGTI)
Rigetti Computing specializes in developing quantum processors and quantum software tools. With a focus on hybrid quantum-classical computing, Rigetti is pushing the boundaries of quantum computing performance.
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7. Atos SE (XETR: AXI)
Atos offers quantum-safe security solutions and is actively involved in quantum computing research. As a leading provider of digital transformation services, Atos is well-positioned to capitalize on the growing demand for quantum computing solutions.
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8. Ionq Inc (NYSE: IONQ)
Ionq is a leader in trapped-ion quantum computing, leveraging its proprietary technology to build scalable quantum processors. With its focus on error correction and fault tolerance, Ionq aims to build practical quantum computers for real-world applications.
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9. Alphabet (NASDAQ: GOOG)
Alphabet, Google’s parent company, is investing in quantum computing research through its Quantum AI team. With a focus on developing quantum algorithms and hardware, Alphabet is exploring the potential of quantum computing to solve complex problems.
Your capital is at risk.
10. Baidu, Inc. (NASDAQ: BIDU)
Baidu is investing in quantum computing research and development, aiming to leverage quantum technology for applications such as optimization and machine learning. As a leading technology company in China, Baidu is contributing to the global advancement of quantum computing.
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Pros and cons of investing in quantum computing companies
Investing in quantum computing companies offers the potential for substantial returns, but it comes with inherent risks. Here are some pros and cons to consider:
Pros
- Potential for exponential growth: Quantum computing has the potential to revolutionize industries, leading to significant growth opportunities for companies involved in the sector;
- Early mover advantage: Investing in quantum computing companies early on could provide investors with a competitive edge as the technology matures;
- Diversification: Including quantum computing stocks in a diversified investment portfolio can mitigate risk and exposure to traditional markets.
Cons
- High volatility: Quantum computing stocks are highly speculative and subject to significant price fluctuations, making them inherently risky investments;
- Long-term horizon: Quantum computing technology is still in its infancy, and it may take years for companies to commercialize their offerings and generate substantial returns;
- Regulatory uncertainty: The regulatory landscape surrounding quantum computing is evolving, posing potential challenges for companies operating in the sector.
How to buy quantum computing stocks safely
Investing in quantum computing stocks requires careful consideration and due diligence. As such, let’s take a quick look at some tips for buying these stocks safely:
- Research companies: Thoroughly research the top quantum computing companies, their technology, market position, and growth prospects;
- Assess risk tolerance: Understand the risks associated with investing in quantum computing stocks and assess your risk tolerance accordingly;
- Diversify your portfolio: Consider diversifying your investment portfolio to mitigate risk and exposure to the volatile quantum computing sector;
- Stay informed: Stay updated on the latest developments in the quantum computing industry, regulatory changes, and market trends;
- Consult with a financial advisor: Consider seeking guidance from a financial advisor who can provide personalized investment advice based on your financial goals and risk profile.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about the 10 biggest quantum computing companies
What is the biggest quantum computing company?
As of the latest available data, the largest quantum computing company by market capitalization is IBM (NYSE: IBM), with a market cap of $151.91 billion.
Are quantum computing stocks suitable for long-term investment?
Quantum computing stocks can be suitable for long-term investment, but investors should be prepared for potential volatility and uncertainty in the sector.
How can I invest in quantum computing stocks?
Quantum computing stocks are listed on major stock exchanges, and investors can purchase them through brokerage accounts like our go-to option, eToro.
What are the key factors to consider when evaluating quantum computing companies?
Key factors to consider include the company’s technology, research and development capabilities, partnerships, market position, and growth potential.
Highly Rated Stock Trading & Investing Platform
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
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0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
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