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Quantum Computing Primer: How It Works and the Top Stocks to Watch

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Instead of using regular "bits" of data, quantum computers use qubits. Qubits can be 0, 1, or both at the same time, thanks to a property called superposition. This means a quantum computer can explore several solutions to a problem all at once.
The article from Money Morning, published on December 18, 2024, provides an overview of quantum computing, explaining its principles, potential applications, and the leading companies in the field. Quantum computing leverages the principles of quantum mechanics, where quantum bits or qubits can exist in multiple states simultaneously (superposition) and be entangled, allowing for complex computations at speeds unattainable by classical computers. The article discusses how quantum computers could revolutionize fields like cryptography, drug discovery, financial modeling, and artificial intelligence by solving problems that are currently intractable. It highlights several top stocks to watch in the quantum computing sector, including IBM, known for its IBM Q System One; Google, with its quantum supremacy claim; Microsoft, focusing on topological qubits; Honeywell, with its quantum computing division; and D-Wave Systems, a pioneer in quantum annealing. The piece also touches on the challenges, such as error correction and maintaining quantum coherence, but emphasizes the transformative potential of quantum computing in the near future.

Read the Full Money Morning Article at:
[ https://moneymorning.com/2024/12/18/quantum-computing-primer-how-it-works-and-the-top-stocks-to-watch/ ]