Quantum Computing Stocks: How the Quantum Computing Players Stack Up by Patents (Yes, Nvidia Has Such Patents)

1 week ago 5
  • The U.S. was mode up of immoderate different state oregon portion successful U.S. quantum computing patents awarded successful 2024.

  • IBM and Alphabet were light-years up of different companies successful presumption of 2024 U.S. quantum computing patents.

  • Among the pure-play quantum computing companies, Rigetti had the astir U.S. quantum patents obtained successful 2024.

  • 10 stocks we similar amended than Nvidia ›

Quantum computers committedness to beryllium capable to lick problems that classical computers either cannot lick oregon would instrumentality galore years to solve. While classical computers usage binary bits (ones and zeros) to store and process data, quantum computers tin encode overmuch much information astatine erstwhile utilizing quantum bits, oregon qubits, successful superposition.

There is simply a bully crushed galore investors are anxious to put successful this emerging technology. The planetary quantum computing marketplace for hardware and bundle is projected to scope $90 cardinal to $170 cardinal by 2040, according to the Boston Consulting Group (BCG). This marketplace was valued astatine astir $1.4 cardinal successful 2024, according to Grandview Research. So, BCG's estimation corresponds to a compound yearly maturation complaint (CAGR) of astir 30% to 35%.

Much of this maturation is apt to hap successful the backend of the play provided. Quantum computing is successful its aboriginal stages, and respective issues request to beryllium addressed earlier it becomes a applicable exertion for solving problems efficiently.

Representation of qubits successful  superposition.

Getty Images.

Monitoring patent enactment tin beryllium a invaluable instrumentality for investors, peculiarly for those funny successful emerging technologies. Patents assistance inventors a monopoly connected their inventions for a specified play of time.

Of course, monitoring patent enactment is conscionable 1 instrumentality successful a tech investor's toolkit. It surely doesn't regenerate reviewing a company's quarterly reports. Monitoring liquidity metrics -- specified arsenic currency flows, currency connected the equilibrium sheet, and currency pain -- is peculiarly captious for companies that are not yet profitable.

That said, let's dive into the patent enactment of the large quantum computing players, some the axenic plays -- specified arsenic IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) -- and the non-pure-plays, including large exertion companies IBM (NYSE: IBM), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), and Amazon (NASDAQ: AMZN).

The patent information successful the illustration beneath is sourced from Harrity & Harrity, a U.S. patent instrumentality steadfast specializing successful electrical and mechanical exertion areas.

Rank

Company

Country

Number of 2024 U.S. Quantum Computing Patents

Year-Over-Year Change

1

IBM

U.S.

117

(16%)

2

Alphabet

U.S.

63

13%

3

Microsoft

U.S.

21

(45%)

4 (tie)

Rigetti Computing

U.S.

19

36%

4

Wells Fargo

U.S.

19

(14%)

6

Amazon

U.S.

17

31%

7 (tie)

Honeywell

U.S.

14

1,300%

7

IonQ

U.S.

14

8%

9

Psiquantum

U.S.

13

117%

10 (tie)

Bank Of America

U.S.

11

38%

10

Intel

U.S.

11

(58%)

10

Origin Quantum Computing Technology (Hefei)

China

11

Flat

10

Tencent Holdings

China

11

175%

14 (tie)

D-Wave Quantum

Canada

9

50%

14

Iqm Finland Oy

Finland

9

350%

  • The U.S. was mode up of immoderate different state oregon portion successful U.S. quantum computing patents awarded successful 2024.

  • IBM and Alphabet were light-years up of different companies successful presumption of 2024 U.S. quantum computing patents. Indeed, IBM and Alphabet are wide regarded arsenic leaders successful the quantum computing space, arsenic I mentioned successful my January 2025 nonfiction connected the Defiance Quantum exchange-traded money (ETF).

  • Among the pure-play quantum computing companies, Rigetti had the astir U.S. quantum patents obtained successful 2024. However, D-Wave's total fig of U.S. quantum computing patents exceeds those of some Rigetti and IonQ.

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