10 Best Quantum Computing Stocks To Buy According to Hedge Funds

3. NVIDIA Corporation (NASDAQ:NVDA) 

Number of Hedge Fund Holders: 193 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. Even though the company is not directly involved in the manufacture of quantum computing hardware, it still makes it to the list of best quantum computing stocks to buy according to hedge funds because it focuses on creating software, tools, and hardware integration for hybrid quantum-classical computing systems. For example, it markets NVIDIA cuQuantum, a software development kit designed for simulating quantum circuits on classical GPUs. This platform allows researchers to build and test quantum algorithms without needing access to quantum hardware.

The famous Selene Supercomputer, the internal GPU-powered supercomputer developed by NVIDIA, is used for quantum simulation research as well. The GPUs provided by the company are used to run quantum algorithms in various industries. For example, in drug discovery, they are used to accelerate quantum simulations for molecular modeling and interactions. In cryptography, they are used in developing and testing quantum-safe encryption techniques.

NVIDIA markets NVIDIA Quantum Cloud as well. The cloud provides access to one of the most powerful quantum computing platforms in the world through Quantum Cloud APIs capable of running high tech projects on a range of NVIDIA GPU systems. These quantum products are integrated into the AI offerings of the company, helping it post record-breaking revenue numbers. In the third quarter of fiscal 2025, NVIDIA reported a record revenue of $35.1 billion, a 17% increase from the previous quarter and a 94% rise from the same period the previous year.