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Core News Facts
Nvidia is integrating quantum computing technology into classical computer systems to enhance performance, joining industry leaders Microsoft and IBM in the growing quantum computing landscape. According to McKinsey & Company, the quantum technology market could reach nearly $100 billion by 2035 and potentially double to $200 billion by 2040.
Microsoft recently announced the Majorana 1, the world’s first quantum processing unit, aiming for scalability to a million qubits on a single chip. IBM has deployed 13 utility-scale quantum computers and achieved significant qubit performance with its Heron R2 quantum system, aiming for $1 billion in cumulative bookings.
As of now, Nvidia, Microsoft, and IBM are positioned to capitalize on the potential of quantum computing, making them noteworthy considerations for investors interested in this emerging sector.
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