Daily Scoop🍨: Global Quantum Computing Set To Skyrocket 🚀💪🔥
$Quantum Computing Inc.(QUBT)$
Market Potential: The global quantum computing market is projected to grow from $1.2 billion in 2024 to $12.6 billion by 2032, with a compound annual growth rate of nearly 35%. This growth offers a lucrative opportunity for companies like QUBT that are at the forefront of technological advancements.
James Foord, Investing Group Leader for The Pragmatic Investor, said in an analysis today that Willow could revolutionize computing and lead to breakthroughs in artificial intelligence, health care and other disciplines.
"Willow's advancements in quantum error correction and processing power are significant, completing tasks in minutes that would take classical computers septillions of years," he said.
"The largest beneficiary of Quantum computing will be, undoubtedly, healthcare and specifically drug discovery," Foord noted. "This is already being revolutionized by AI, and paired with QC, this field will be completely revolutionized. Quantum Computers would be able to run millions of incredibly accurate simulations on various new drugs and treatments, leading to exponential advancement in the field."
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- daz888888888·12-12TOPShares of D-Wave Systems Inc. (QBTS), a leader in quantum computing systems and services, surged 13.51% in the intraday trading session on Friday. The stock's rally was fueled by positive comments from CEO Dr. Alan Baratz, who discussed the company's leading position in commercial quantum computing and the widespread adoption of its annealing quantum computers by businesses across various industries.During an interview on Fox Business' "Making Money with Charles Payne," Dr. Baratz highlighted that D-Wave currently has customers across industries are using D-Wave's quantum computers to tackle complex optimization problems, such as workforce scheduling, production scheduling, logistics routing, and resource optimization. The CEO's optimistic remarks about the real-world impact of D-Wave's quantum computing technology and its growing customer base likely boosted investor confidence, driving the stock's significant intraday gains.LikeReport