Billionaires Are Buying This Quantum Computing Stock Hand Over Fist (Hint: It's Not IonQ or D-Wave Quantum)

While not as widespread as generative artificial intelligence (AI), a handful of quantum computing stocks have absolutely exploded over the past year. Perhaps the rise of AI has led investors to believe quantum computing can be commercialized sooner than people think, or perhaps these quantum computing companies have started to show some real breakthroughs.Either way, something is definitely amiss. D-Wave Quantum is up more than 1,700% over the last year, while IonQ has blasted nearly 450% higher. Despite the moonshots, billionaire investors have been turning their attention to a larger quantum computing stock instead.D-Wave and IonQ appear to have tremendous potential in the complex field of quantum computing, but investors should remember that if there's a groundbreaking innovation out there in the tech world, you know that companies in the "Magnificent Seven" are likely going to be involved.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool