5 Biggest Quantum Computing Companies in the World

3. Amazon.com, Inc. (NASDAQ:AMZN)

Market Capitalization: $1.13 trillion

2022 Total Revenue: $513.98 billion

Amazon.com, Inc. (NASDAQ:AMZN) is a Seattle, Washington-based technology conglomerate with exposure to artificial intelligence, e-commerce, cloud computing, and digital streaming. Amazon Web Services (AWS), the cloud computing division of Amazon, provides access to quantum computing through its Amazon Braket service. Amazon Braket is a fully managed service that allows researchers and developers to access quantum computing hardware from different providers, such as D-Wave, IonQ, and Rigetti, as well as simulate quantum algorithms on classical computers.

Here’s what Vulcan Value Partners said about Amazon.com, Inc. (NASDAQ:AMZN) in its Q1 2023 investor letter:

“Additionally, Skyworks Solutions, Amazon.com, Inc. (NASDAQ:AMZN), and TransDigm Group were all material contributors during the quarter. We have discussed these companies at length in prior letters. Despite slowing growth and macro headwinds, Amazon experienced revenue growth in all three segments: AWS, Advertising, and Retail. Amazon is also addressing its cost structure to better align with its slower growth rates. We believe Amazon is a dominant, world-class company with powerful secular tailwinds. All three of these companies are executing well, their theses are intact, and we are pleased to own them at a discount to our estimate of intrinsic value.”