Forget IonQ, Rigetti Computing, and D-Wave Quantum. This Trillion-Dollar Artificial Intelligence (AI) Stock Is the Best Quantum Computing Opportunity, and It's Currently Trading at a 7-Year Valuation Low.
Quantum computing pure plays may tempt investors, but the better stock pick may be the megacap that's providing a bridge between quantum systems and classical supercomputers.
Overview
Quantum computing represents a fundamental shift from classical systems, which process data using binary bits that exist as zeros or ones in underlying codebases. Quantum machines use qubits, which possess a property called superposition -- allowing them to evaluate vast numbers of possibilities simultaneously.
This capability holds particular promise for artificial intelligence (AI), where quantum computers could deliver faster answers to complex optimization problems, enhance machine learning, and simulate molecular interactions, among many other uses. According to McKinsey & Company, quantum computing could add up to $2.7 trillion of value to the global economy by 2035, underscoring the scale of the opportunity as this technology matures from laboratory curiosity toward practical utility.
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Originally published at www.fool.com.