10 Best Quantum Computing Stocks to Buy for 2025

5) FormFactor, Inc. (NASDAQ:FORM)

Number of Hedge Fund Holders: 25

FormFactor, Inc. (NASDAQ:FORM)’s Systems segment includes advanced wafer probing systems that are used for evaluating semiconductor performance and reliability. The sales of the company’s probe stations, thermal systems, and cryogenic systems are included in the Systems segment. These are mainly important for R&D and production in emerging technologies, such as 5G, artificial intelligence (AI), and quantum computing.

FormFactor, Inc. (NASDAQ:FORM)’s Systems segment has significant growth potential to fuel revenue growth due to its alignment with key trends in advanced technology. The company’s cryogenic probe stations are important for testing quantum processors at ultra-low temperatures. As quantum computing progresses from research to commercialization, the demand for these systems is expected to grow. In the Systems segment, FormFactor, Inc. (NASDAQ:FORM) delivered the expected sequential increase in Q3 2024 revenue as customers continue to engage it to solve the most complex electro-optical test and measurement challenges in areas such as quantum computing and silicon photonics.

In Q3 2024, FormFactor, Inc. (NASDAQ:FORM)’s Systems segment saw revenues of $35.7 million as compared to $30.6 million in Q2 2024. The products in the Systems segment, like cryogenic and thermal probing solutions, are higher-margin and command premium pricing. Therefore, this segment should drive overall momentum as and when the broader quantum computing industry experiences growth.