12 Best Quantum Computing Stocks To Invest In

4. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Investors In Q1 2024: 49

Iconic and historic American technology firm International Business Machines Corporation (NYSE:IBM) marks the entry of big tech on our list of the best quantum computing stocks. It is one of the biggest and most important quantum computing firms in the world because of its long list of quantum processing units (QPUs). International Business Machines Corporation (NYSE:IBM) upgraded its quantum roadmap in May 2024, and it now plans to use a chip with a whopping 200 qubits and 100 million gates in 2029.

As Q1 2024 ended, Insider Monkey’s hedge fund filing data revealed 49 International Business Machines Corporation (NYSE:IBM) stakeholders. Out of these, the one with the most valuable stake was Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital because of its $435 million stake.

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