7 Hidden AI Stocks Under $10 to Buy

4. Quantum Computing Inc. (NASDAQ:QUBT)

Number of Hedge Fund Holders: 17

Quantum Computing Inc. (NASDAQ:QUBT) is one of the hidden AI stocks under $10 to buy. On February 2, Quantum Computing completed the acquisition of Luminar Semiconductor from Luminar Technologies in an all-cash transaction valued at $110 million. This acquisition helps Quantum Computing become a vertically integrated, domestic provider of photonics and quantum platforms. By combining Quantum Computing’s thin-film lithium niobate technology with Luminar Semiconductor’s established expertise in lasers, detectors, packaging, and manufacturing, the company aims to produce chip-scale, mass-producible quantum hardware that operates at room temperature.

Earlier on January 15, Rosenblatt initiated coverage of Quantum Computing Inc. (NASDAQ:QUBT) with a Buy rating and a $22 price target, highlighting the company’s legitimate assets in photonics, compute, security, and sensing.

The firm emphasized the potential of the company’s thin-film lithium niobate fabs, which are positioned to meet industry demand for integrated quantum photonics, nonlinear optics, and optical waveguides. Overall, the firm views the stock’s risk/reward profile favorably, identifying an immediate opportunity for investors to gain exposure to the quantum computing sector.

Quantum Computing Inc. (NASDAQ:QUBT) is an integrated photonics company that provides quantum machines to commercial and government markets in the US.