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2 quantum computing stocks to watch and invest in for the next big 'tech leap'


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Published in Stocks and Investing on Friday, December 13th 2024 at 11:01 GMT by Finbold | Finance in Bold   Print publication without navigation

  • Rigetti Computing (NASDAQ: RGTI) and D-Wave Quantum (NYSE: QBTS) are emerging as standout players, leveraging technology and strategic partnerships to carve their place in this transformative space.

The article from Finbold discusses two quantum computing stocks that investors might consider for potential growth in the next big technological leap. D-Wave Systems (NYSE: QBTS) is highlighted for its focus on quantum annealing technology, which is used for optimization problems, and has recently gone public through a merger with DPCM Capital. Despite its innovative approach, D-Wave faces challenges like high cash burn rates and competition. IonQ (NYSE: IONQ) is another company mentioned, known for its trapped-ion quantum computing technology, which promises high-fidelity quantum operations. IonQ has partnerships with major tech firms like Amazon and Microsoft, and its stock has seen significant interest, although it also contends with issues like dilution and the need for substantial capital. Both companies represent the cutting edge of quantum computing, a field expected to revolutionize various industries by solving complex computational problems currently beyond the reach of classical computers. However, investing in these stocks carries high risk due to the speculative nature of the technology and market.

Read the Full Finbold | Finance in Bold Article at:
[ https://finbold.com/2-quantum-computing-stocks-to-watch-and-invest-in-for-the-next-big-tech-leap/ ]

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