Want to Invest in Quantum Computing? 2 Stocks That Are Great Buys Right Now
IonQ and Microsoft represent two ways to profit from this growing market.
Quantum computing is often considered the next step forward for the computing industry. Whereas traditional computers still process data in binary bits of zeros and ones, quantum computers can process zeros and ones simultaneously in "qubits."
The difference allows quantum computers to crunch more data at higher speeds than binary computers, but they're also much larger and more expensive, consume more power, and tend to output more errors. As a result, they're still mainly used for niche research applications in universities and government institutions. But as quantum processing units (QPUs) become smaller, more powerful, and more power efficient, these systems could become widely adopted for mainstream applications.
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