To The Moon

🌟🌟🌟Monday December 9 2024 is a momentous day for $Alphabet(GOOGL)$ as Hartmut Neven who is Founder and Lead for Google Quantum AI announces the arrival of Willow, its State of the Art quantum chip. This is a game changer for Quantum Computing. For those who are unfamiliar with the term quantum computing, it is the hardware part of AI while AI is the software part. Quantum Computing and AI are 2 different types of computing technologies that could potentially work together to solve complex problems. Quantum computing uses quantum physics to solve complex problems quickly. Quantum computers use qubits which can exist in multiple states at once, instead of bits which are either 1 or 0. Quantum computing and AI combined would unleash more power and solve some of the most difficult problems and open up new possibilities. Willow is a very special quantum chip as it has the state of the art performance across a number of metrics which enabled 2 major achievements. The first achievement is that Willow can reduce errors exponentially as Google scale up using more qubits. This cracks a key challenge in quantum error correction that the field has pursued for almost 30 years. The second achievement is that Willow has performed a standard benchmark computation in under 5 minutes that would take one of today's fastest supercomputers 10 septillion years. 10 Septillion years means 10 to the power of 25 times - A number that vastly exceeds the age of the Universe. This means that it is a strong signal that very large quantum computers can indeed be built. Willow brings us closer to running practical, commercially relevant algorithms that cannot be replicated on conventional computers. Google focuses quantum computing because together with AI, both will be the most transformational technologies of our time. Advanced AI will significantly benefit from access to quantum computing. This will help us discover new medicines, design more efficient batteries for EVs and accelerate the progress in fusion and new energy alternate. Many of these future game changing applications will not be feasible with classical computers. They are waiting to be unlocked with quantum computing. It is not surprising that Google's share price is up like a rocket to the moon since Monday. It is up 5.5% on Wednesday and 11.2% in the past 5 days. Google has now risen 41% year todate and in 2023, Google is up 46%. Conpared to the other members of the Magnificent 7, Google is undervalued. Its PE ratio is 25.9%. In contrast Tesla's PE ratio is 116 while Nvidia's PE ratio is 54. Google also pays dividends. It paid its first ever dividend of 20 cents per share in April and continued with its 2nd dividend in September with another 20 cents per share. Google has also embarked on a USD 70 billion share repurchase program. The current dividend yield is 0.41%. I have invested in Google 2 years ago and in that time I have seen Google shares dropped to below USD 100. But I held on believing in Google's future growth potential. I am so happy that my belief is justified as Google is now among the Tech Giants with its latest Willow chip. Google is also a market leader in Search Engine with over 90% of the global market share There have also been talks that the US Department of Justice is seeking to break up Google as part of an Antitrust lawsuit. Yet despite all this, I know that Google will prevail and continue to grow exponentially. My strategy of buying and holding quality stocks like Google is beginning to pay off well. As the late great Charlie Munger likes to say "The Big Money is not in the Buying and Selling but in the Waiting". @Daily_Discussion @TigerStars @Tiger_comments @MillionaireTiger @CaptainTiger