Stocks of 5 Companies Focusing on Commercialization and Democratization of Quantum Technology
(Finance.Yahoo) Five companies are focusing on commercialization and democratization of quantum technology to aid enterprises in accelerating computational processes and enhance business productivity. Companies with quantum computing exposure like, International Business Machines Corporation IBM, Alphabet’s GOOGL Google, Microsoft MSFT, Amazon AMZN, Intel INTC, are leaving no stone unturned to gain an edge in quantum computing in the 2020s.
This article provides a review of the five companies and their price-consensus charts. In summary:
–IBM’s quantum computing efforts include 53-qubit (or quantum bits) quantum computer. The machine aims to aid IBM Q Network clientele launch more reliable systems with higher capacities for cloud deployments.
–Alphabet’s Google is striving to gain a competitive edge over IBM. In fact, Google recently claimed Quantum Supremacy on the back of Sycamore quantum computer, per its white paper.
–Microsoft’s Quantum Network is growing. Microsoft Azure recently announced a full-stack, open cloud ecosystem, Azure Quantum, which is a diverse set of quantum services. In partnership with 1QBit, Honeywell, IonQ, and QCI, the company strives to offer robust quantum solutions, software and hardware.
–Intel recently unveiled “Horse Ridge,” which the chipmaker claims to be “first-of-its-kind cryogenic control chip” aimed at commercialization of quantum computers. Intel Labs in collaboration with QuTech developed Horse Ridge based on Intel’s 22nm FinFET technology.
–Amazon recently forayed into quantum computing space with Amazon Braket. Notably, Amazon Braket is a fully-managed quantum computing service that enables customers to explore and experiment with quantum computing hardware by providing a single development environment to build quantum algorithms. AWS has teamed up with D-Wave, IonQ and Rigetti for their respective quantum annealing, ion trap devices and superconducting chips that customers will be able to assess by utilizing the new service.
