10 Best Quantum Computing Stocks to Buy for 2025

2) Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 202

Alphabet Inc. (NASDAQ:GOOGL) announced a significant advancement in quantum computing with the unveiling of its next-generation chip called ‘Willow’. Willow reflects an improved error correction, which is a critical challenge in quantum computing. With the effective management of errors, the chip ensures more reliable and scalable quantum computations. In benchmark tests, Willow was able to complete computations in under 5 minutes that would have taken most powerful classical supercomputers ~10 septillion years. After the announcement of Willow, Alphabet Inc. (NASDAQ:GOOGL)’s stock saw a strong increase (up by ~12.5% in just a month) reflecting investor optimism about the company’s technological advancements and their potential market implications.

Alphabet Inc. (NASDAQ:GOOGL)’s Chief Executive stated that Willow is an important step in the company’s journey to build a useful quantum computer with practical applications across areas such as drug discovery, fusion energy, battery design, and more. Willow can reduce errors exponentially as Alphabet Inc. (NASDAQ:GOOGL) scales up using more qubits. This cracks a key challenge in quantum error correction that the field has pursued for ~30 years.

Much of the optimism about Alphabet Inc. (NASDAQ:GOOGL) stems from the monetization opportunities that become available with the success of Willow. By offering Quantum Computing as a Service (QCaaS) via Google Cloud, the company can monetize its quantum technology through subscription-based models, creating a recurring revenue stream. Furthermore, Willow’s computational power can significantly ramp up drug discovery and development, bringing in pharma companies to collaborate with or rely on the company’s quantum solutions.