Nothing has changed the world more than technology, or to be more specific, the ability to compute. Computers today are helping you in nearly every facet of your personal and business lives. And everyone else too – a large portion of the world’s population now carries a computer in their pockets (smartphones).
All of this has been possible because of the capability to manufacture billions of silicon computer chips every year. Each one of these of these chips is composed of billions of transistors, the basic building blocks of a computer. Today, these transistors are mere dozens of atoms across.
Technological progress has moved steadily forward because of our ability to shrink the size of transistors regularly. That trend is known as Moore’s Law – which at its core says, that every two years, the number of transistors we can cram into a computer chip will double, and it has for decades now.
But guess what? Scientists agree that Moore’s Law is now kaput. It is believed the number of transistors we can cram into a computer chip is slowing and will likely reach its limit at about seven nanometers circa 2020. That view was backed earlier this year by the CEO of Nvidia (Nasdaq: NVDA), Jensen Huang.
So what happens then? What’s next? Here are four stocks with the potential to reward investors in quantum computing. Hint: a few names might surprise you.