3 Stocks Smart Quantum Computing Investors Are Buying
Quantum computing may not be at the top of every investor's mind right now due to the prominence of artificial intelligence (AI) investing. However, I think it's something investors should keep in mind. By 2030, there could be commercially viable quantum computing available, and that could shake up tech even more than AI has. If quantum computing is all that it has been hyped up to be, then maintaining some exposure to stocks in this field is just as important as AI investing. Fortunately, several stocks cross over into both categories, making investing in both trends at the same time easy. Three stocks that I'm bullish on in the quantum field are Alphabet (GOOG +0.21%) (GOOGL +0.65%), Nvidia (NVDA -1.01%), and IonQ (IONQ -3.61%). Two of these are also major AI players as well. By maintaining solid exposure to this trio, you'll be able to capture the upside of AI while also hedging your bets on a quantum computing future. Image source: Getty Images. 1. Alphabet Alphabet is a major player in computing, and as new computing technologies emerge, it wants to control its own destiny with in-house quantum computing. That will keep it from having to pay exorbitant prices for computing units, as it does now for Nvidia's graphics processing units (GPUs). As a result, Alphabet is plowing a ton of resources into its quantum computing division, and its Willow quantum computing chip has had some incredible breakthroughs. ExpandNASDAQ: GOOGLAlphabetToday's Change(0.65%) $2.05Current Price$319.74Key Data Points*:nth-last-child(-n+2)]:border-b-0">Market Cap$3.9TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.Day's Range$317.32 - $324.1852wk Range$187.82 - $408.61Volume31.8MAvg Vol33.1MGross Margin60.94%Dividend Yield0.27% Alphabet ran one of its quantum algorithms on its Willow chip and demonstrated a verifiable advantage over traditional computing. This algorithm i
