Quantum computing is rooted in quantum mechanics with the aim of making complex computations efficient.
Although it may sound like a new phenomenon, the idea of using quantum entities to process data and solve complex problems faster than a classical computer dates back to the 1980s. And you can go back to Albert Einstein in the early 1900s to understand the origins of quantum theory.
At a 50,000-foot level, here's why investors may want to get involved in this sector: traditional computers use bits (i.e., 0s and 1s) to process information and no matter how fast the processor speed is, these computers can only check for one outcome at a time.
By contrast, quantum computers use qubits, which can be both 0 and 1 at the same time—meaning they can analyze all possible outcomes simultaneously. This won't be something that students will use for homework, but it has extraordinary implications for areas like biotechnology. Imagine what it would mean for drug development if quantum computers could simulate complex molecular interactions in seconds.
And it's that kind of potential that is generating investor interest in quantum computing stocks. In this special presentation, we're looking at seven quantum computing stocks, from pure plays to some of the largest technology stocks that are investing in this technology.
Click the "Continue to Slide #1" button to view the first company.
