Missed the AI Boat? Here's Your Second Chance With Quantum Computing Stocks

investing.com:

The artificial intelligence (AI) revolution has only just begun, yet researchers and numerous technology companies are already focusing on the next major technological breakthrough that has the potential to reshape the global economy: quantum computing.

Quantum computing's applications could be even more extensive than AI, and it might serve as a foundation for other significant technological advancements.

Without going into the scientific details, quantum computing is a type of computing that uses quantum mechanics to perform calculations with power and speed incomparable to today's best supercomputers.

As such, one of the obvious applications of quantum computers is artificial intelligence since many scientists see quantum computers as indispensable for achieving General Artificial Intelligence (GAI), the Holy Grail of AI, with one of the systems that would equal or surpass human intelligence.

Quantum computing is also often cited as a major risk for the world of cybersecurity since quantum computers would theoretically be capable of forcing current encryption techniques.

While a decade ago, quantum computing was still the stuff of science fiction, this is no longer the case, with several major technology companies investing heavily in the development of quantum computers.

These include IBM (NYSE:IBM), which boasts «the world's largest fleet of quantum computers.»

Honeywell (NASDAQ:HON), meanwhile, has clearly made quantum computing a top priority, teaming up with Cambridge quantum to create Quantinuum, «the world's largest integrated quantum computing company».

Chipmakers are also getting in on the act, with Intel (NASDAQ:INTC) developing Tunnel Falls, a chip specifically designed for quantum computing systems.

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