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Investment Insights in Quantum Computing
Nvidia (NASDAQ: NVDA) is developing its CUDA-Q software to support quantum computing applications, enhancing its position in both traditional and quantum computing markets. In contrast, Alphabet (NASDAQ: GOOG, GOOGL) is investing heavily in its in-house Willow quantum chip, aiming for cloud computing infrastructure capable of delivering quantum computing services.
IonQ (NYSE: IONQ), a pure-play quantum computing enterprise, projects a total addressable market of $87 billion by 2035 and intends to be profitable by 2030. Unlike many competitors using superconducting methods requiring extreme cooling, IonQ employs a trapped-ion technique that operates at room temperature, potentially facilitating broader application and faster commercial deployment.
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