Better Quantum Computing Stock: IBM vs. IonQ [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
While traditional computers process data as binary "bits" of zeros and ones, quantum computers process zeros and ones simultaneously as "qubits." That approach makes quantum computers much faster than their traditional counterparts, but they're larger, more expensive, and more prone to making mistakes. As quantum computing technologies improve, those systems should gradually become smaller, cheaper, and more accurate. This makes them ideal for processing complex machine learning and artificial intelligence ( AI ) tasks. According to Acumen Research and Consulting, the quantum computing market could grow at a compound annual growth rate (CAGR) of 36% from 2023 to 2032 -- and early movers like IBM and IonQ could benefit from that secular expansion. But should you invest in the blue-chip stalwart or the speculative newcomer? How IBM is investing in quantum computing IBM deployed the world's first quantum computing system as a cloud-based service in 2016. Since then, it's deployed
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