Quantum computing may be lurking in the shadow of artificial intelligence (AI), but investors should pay special attention to this field. It has the potential to reshape the computing landscape, and several strong players in this industry could benefit immensely from the rise of quantum computing. Three that I think are primed to benefit are Alphabet (GOOG -1.05%) (GOOGL -1.11%), IonQ (IONQ +1.28%), and Nvidia (NVDA +0.84%). These are top stocks in this industry, and the time is now to take advantage of them. Why is quantum computing a big deal? Quantum computing is different from traditional computing because it doesn't take a binary path. Traditional computing uses ones and zeros (called bits) to determine outcomes, while quantum computing uses qubits, which are better described as the probability of an answer being a zero or a one. This allows such machines to consider an endless number of possibilities, making it ideal for nonlinear problems, which include a surprising number of issues. In some situations, quantum computers will be able to complete calculations that would take digital supercomputers billions of years to handle. The systems aren't powerful enough yet, but that's just a matter of time. Ask again in five or 10 years. Tasks like processing AI, optimizing logistics and delivery networks, and weather prediction are just some of the opportunities that quantum computing could address. The market opportunity is vast, and a projection from the management consultancy McKinsey & Company estimates that the quantum industry could reach $72 billion in annual revenue by 2035. That's a huge chunk of revenue that's currently not in play, and these three stocks are primed to benefit from it. This trio is a balanced approach to quantum computing With how lucrative the technology is, it should come as no surprise that countless competitors are
3 Top <b>Quantum Computing</b> Stocks to Buy in September | The Motley Fool
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