5 Best Computer Hardware Stocks to Buy for the Next 5 Years

2. D-Wave Quantum Inc. (NYSE:QBTS)

D-Wave Quantum Inc. (NYSE:QBTS) is one of the 10 best computer hardware stocks to buy for the next 5 years.

On June 1, in an effort to expedite the commercialization of fault-tolerant quantum computing, D-Wave Quantum Inc. (NYSE:QBTS) unveiled a new gate-model roadmap. By 2032, the company wants to have 100 logical qubits that can execute over a million successful operations. This plan expands upon D-Wave’s proficiency in quantum error correction, high-coherence dual-rail qubits, and its proven capacity to develop, scale, and commercialize superconducting quantum systems.

According to the CEO, Dr. Alan Baratz, D-Wave’s superconducting dual-rail architecture offers a unique and reliable method of attaining fault tolerance, which may help the business compete successfully and hasten the commercialization of quantum technology. He stated:

“The industry has spent years talking about fault tolerance. We believe D-Wave has a highly differentiated and credible path to achieving it. Our superconducting dual-rail architecture is a fundamentally different approach to fault-tolerant quantum computing that we expect will position D-Wave not only to compete, but also to redefine how quickly the technology becomes commercial.”

D-Wave places a strong emphasis on lowering mistakes at the hardware level, in contrast to many competitors who are mainly concerned with increasing the number of physical qubits. About 90% of computing faults can be detected by its dual-rail qubits, greatly reducing the need for error correction. Additionally, the company has shown 99.9% two-qubit fidelity with error detection, meaning that physical errors only happen roughly once every 1,000 operations.

D-Wave Quantum Inc. (NYSE:QBTS) is engaged in developing and selling quantum computing systems, software, and services. It has an extensive product portfolio, which includes Advantage, Advantage 2, an open-source tool suite, and more. It also supplies a combination of quantum and classical computation resources.