20 or so companies are working on quantum computer processors and chips and this article examines the top 9 in‘s Quantum Computing Hardware Developers Index. They trade on American stock exchanges, are heavily involved in the research and development of qubits, and are presented below in descending order as to their performances last week.
- develops QC hardware and is the first to have its computing systems available via all the major public cloud services. It plans to build a network of quantum computers accessible via the cloud and is targeting rapid growth in 2023 as researchers begin using its hardware at greater scale.
- began sampling its own HBM3 chips in July which are a 50% improvement in bandwidth over currently available solutions with mass production expected to begin early in calendar 2024, and meaningful revenue from this product in fiscal 2024.
- is developing its QC chips using some of the same techniques it uses to make classical computing chips but silicon is not central to Intel’s plan to regain dominance in the semiconductor industry although it could become an important segment for the integrated chip design in the years to come if research yields positive results.
- focuses on CPUs and GPUs and has launched its MI300X, the most powerful AI chip in history with the power of 2.4 times that of Nvidia’s top devices in just one chip as well as 1.6 times the memory bandwidth, which will eliminate the need for half the chips AI companies desperately need.
- has merged its quantum computer unit with start-up Cambridge Quantum Computing into an entity called Quantinuum. Il has a 54% ownership stake in Quantinuum and supplies it with hardware and software as it develops its QC technology.
- specializes in superconducting qubit technology and has developed a suite of software tools and algorithms for programming and simulating quantum computations.
- has pioneered the development of a comprehensive quantum hardware-software integration solution, enabling access to a wide range of quantumchips through various platforms such as cloud services, mobile applications, and personal computers.
- has its own QC chips and systems, which are available for commercial use via its Quantum business unit.
- is the leading provider of quantum computing (QC) systems and software with a focus on quantum annealing technology.
Alibaba Group () is shuttering its quantum computing research lab entirely and, as such, has been removed from‘s Quantum Computing Hardware Developers Index effective immediately.
SummaryOn average, the above 9 QC stocks were UP 4.2% last week but are still only UP 24.5% YTD.There are an additional 4 mega-cap companies very active in QC research and development namely: Microsoft (), Nvidia Corporation (), Alphabet Inc. (), and Amazon.com Inc. (). They were, on average, UP 0.9% last week and are now UP 111.2%, on average, YTD.If you are interested in investing in this sector as a whole, consider the iShares Semiconductor ETF () which consists of 35 semiconductor stocks (including the 9 stocks in our Quantum Computing Hardware Developers Index and the 4 mega-cap companies. It was UP 9.1% last week and is UP 68.7% YTD.More By This Author:
