Top 3 Quantum Computing Stocks to Buy Now

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Scaled quantum computing is on the horizon as the next big thing in modern-day computing and electronics. With the rise of generative artificial intelligence demanding more computing power, the need for advanced quantum computers has become apparent. While quantum computers are currently used in scientific research, they have yet to reach commercial status due to their size and complexity. However, migrating quantum workloads to the cloud has made quantum computing power more accessible to developers and researchers.

As quantum computing continues to evolve, investors are looking for the best stocks in the space to invest in before they take off in the future. Here are three quantum computing stocks to consider buying now:

Alphabet (GOOG, GOOGL): Alphabet, the parent company of Google, has been at the forefront of quantum research since the late 2000s. In 2014, Google launched the Quantum Artificial Intelligence Lab in partnership with NASA and the Universities Space Research Association to accelerate quantum computing research. With the recent announcement of an updated Sycamore quantum processor boasting 73 qubits, Google is making significant strides in the quantum computing space.

Nvidia (NVDA): Nvidia, a renowned chipmaker known for its advanced GPUs, has been positioning itself in the quantum computing space with initiatives like CUDA-Q, a developer’s software toolkit for quantum computing hardware. The Nvidia Quantum Cloud provides customers with access to a comprehensive quantum computing ecosystem, positioning the company for success in the evolving quantum computing landscape.

Defiance Quantum ETF (QTUM): For investors looking for diversified exposure to the quantum computing space, the Defiance Quantum ETF invests in stocks primarily tied to the development of quantum computing and machine learning technology. With holdings in companies like Nvidia and FormFactor, the ETF has performed well over the past 12 months, making it a compelling investment option for those interested in the quantum computing sector.

As quantum computing continues to advance, these stocks are poised to benefit from the growing demand for quantum computing power. Investors who act now may reap the rewards of investing in this transformative technology before it becomes mainstream.