Quantum Computing Stocks: How the Quantum Computing Players Stack Up by Patents (Yes, Nvidia Has Such Patents)
Quantum computing is an emerging technology with significant growth potential, projected to reach $90 billion to $170 billion by 2040. Monitoring patent activity is crucial for investors. In 2024, IBM and Alphabet led in U.S. quantum computing patents. Nvidia, a leader in AI, was awarded three patents and is expected to increase its involvement. Key players include IBM, Alphabet, Microsoft, Amazon, and pure-play companies like IonQ, Rigetti, and D-Wave. Patent quality, measured by citation frequency, highlights D-Wave, Northrop Grumman, and Rigetti as leaders.
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