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Stock impact report

IDTechEx Asks How Gate-Based Quantum Computers Will Scale-Up [Yahoo! Finance]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Yahoo! Finance
In IDTechEx's latest report, " Quantum Computing Market 2024-2044: Technology, Trends, Players, Forecasts ", it is predicted that this market will grow with a CAGR of at least 30% and is on track to become a multi-billion dollar industry. But how will it get there? This article overviews how this industry is planning to scale up hardware systems and truly start competing with existing supercomputers. Breaking the 1000 qubit barrier Building a quantum computer is hard. Building a large-scale, fault-tolerant, gate-based machine to solve a range of complex commercial problems is even harder. 2023 was an exciting year for quantum computing enthusiasts. Both IBM and Atom Computing announced breaking through the 1000 qubit barrier, a significant milestone on the road to large-scale hardware realization. Moreover, public announcements of contract securements and even delivery of on-premises hardware continued – with examples across almost all major qubit modalities. Yet, for many, evid Show less Read more
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