IONQ - Will Quantum Computing Take Off in 2024? Here's 1 Magnificent Stock to Buy If It Does.
2023-12-22 07:30:00 ET
With artificial intelligence (AI) becoming such a big push in the business world, many companies are attempting to find ways to speed up the model creation process and make it more accurate. One way to do that is with quantum computing, and there's one pure-play investment available to capitalize on that: IonQ (NYSE: IONQ) .
Quantum computing is still in its infancy, but could this be the year it takes off?
Quantum computing is a fancy buzzword, and many people may be using it without knowing what it is and why it's better than standard computing, which uses a "bit" representing 0 or 1. This only allows for straightforward processing. Quantum computing uses "qubits," which allows for parallel processing.
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Will Quantum Computing Take Off in 2024? Here's 1 Magnificent Stock to Buy If It Does.