UBS has identified several key quantum computing stocks that are leading the industry, with the technology offering “extraordinary potential.”

Quantum Advantage May Arrive In 2030s

The analysts, led by Madeleine Jenkins, highlighted that quantum computing is a fragmented and immature market, with significant potential in areas such as molecular simulation, optimization, AI, and cryptography, reported CNBC.

The report also noted the recent “meaningful breakthroughs” in the quantum space despite the slow pace. UBS predicts that the era of quantum advantage, where quantum significantly outperforms classical systems, could arrive as early as the 2030s.

UBS noted that qubits, the building blocks of quantum computing, can be made in multiple ways, with superconducting and trapped-ion qubits leading the field. This narrows the ...