Pure Play Quantum Computing Portfolio Down 2% W/e June 14th

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What is Quantum Computing?

In a nut shell, the better the computing power, and the more data, the better a model will perform and, as such, the race is on for companies to radically upgrade the computing power of their AI models. That's where "quantum computing" comes in. Check out this video on Quantum Computing: 4 Things You Need to Know.

This article provides an explanation as to what quantum computing (QC) is all about, its merits, and how these 4 companies performed last week, in descending order, and YTD, along with a description of their business focus, and their latest news, commentary and/or analysis.

What Is A Pure Play Company?

A pure play company concentrates all its efforts on a single line of business, and in this context, it’s quantum computing. Notably, those companies that are highly diversified, i.e., do not generate at least 50% of their sales from quantum computing products and services, such as *(Microsoft  (MSFT), Nvidia (NVDA),  Alphabet  (GOOGL), Amazon (AMZN), Advanced Micro Devices (AMD), IBM, Intel (INTC), Honeywell Int'l (HON), Baidu (BIDU) and Micron Technology (MU) are excluded from the new Pure-Play Quantum Computing Portfolio which has replaced the Quantum Computing Hardware Developers Portfolio which contained a number of non-pure play constituents making a comparison of their performances less accurate.

The New Pure-Play Quantum Computing Portfolio

  1. D-Wave Quantum (QBTS): UP 19.5% last week; UP 60.2% YTD
  2. Quantum Computing (QUBT): UNCHANGED last week; DOWN 29.7% YTD
  3. IonQ (IONQ): DOWN 2.0% last week; DOWN 37.9% YTD
  4. Rigetti Computing (RGTI): DOWN 2.9% last week; UP 1.0% YTD
    • specializes in superconducting qubit technology and has developed a suite of software tools and algorithms for programming and simulating quantum computations.
    • Market Capitalization: $174M
    • Latest News, Commentary and/or Analysis:


On average, the above 4 pure play QC stocks were DOWN 2.1% last week, and are now DOWN 31.0% YTD.

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Disclosure: None

This article has been composed with the exclusive application of the human intelligence (HI) of the author. No artificial intelligence (AI) technology has been deployed. ...

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