Quantum Computing & Networking Leadership - INQ is positioned as the largest player in the quantum computing and quantum networking sectors [1] - The company is building powerful and affordable quantum computers [1] - INQ is developing networks, nodes, and repeaters for secure communication in a quantum world, addressing the threat of quantum computers cracking RSA encryption [2] - INQ is racing against China to be the RSA cracker, emphasizing the importance of its quantum networking equipment for global security [2] Technological Advancement & Quantum Advantage - INQ has demonstrated quantum advantage twice, including at two GTC events [3] - A 20x speed up was achieved in partnership with Nvidia and Amazon Web Services, signifying real quantum advantage [4] - The era of quantum supremacy is approaching within quarters to single-digit years [5] Industry Impact & Future Applications - Quantum computing advancements will impact every area of applied science [5]

Illinois Governor JB Pritzker has sealed a deal to bring another company to his Chicago quantum computing campus https://t.co/xFjk2Ce3hf ...

Q, why don't we get into it. So, they made a hire. They actually hired somebody from State Street.What does this person do and what does this bank want to do with quantum computing. Yeah, that's right, Frank. So, you know, JP Morgan has for the past 5 years or so had an internal group that conducted research into emerging technologies like quantum computing that could solve problems in finance.So, Marco Pisto was the former IBM inventor who led the group since 2020, who's recently left the bank according to ...

Quantum Computing Threat - Capgemini's report highlights that quantum computing could potentially compromise public-key cryptographic systems within the next 10 years [1] Security Implications - The report suggests that this poses a threat to various sectors, including online banking and blockchain security [1]

Calls of the day. We lead with Walmart. Uh Missouo says top pick.It's on the list. 115 is the price target. Nice little increase from there.Decade of investment spend has finally reached a tipping point in our view where delivery convenience are on par with anyone in consumer. Those are big words. Joe T.You own that name. Where's the mention about tariffs. Scott, is there anywhere in that report a word tariff.Because that's the problem. And that's the reason why since February, this stock has been on the de ...

All right. So, in your mind, where are we at when it comes to quantum computing. In January, Jensen Wong basically said it wasn't ready for prime time.He said now we're at an inflection point. What's the real answer right now. Is quantum computing, is it ready for prime time.In that sense, I mean ready for enterprise use. Yeah, look, I think we're already doing things in the enterprise space that has helped Jensen uh see reality on this in the last 6 months. You know, at the March GTC event in PaloAlto, we ...

D-WAVE QUANTUM (QBTS) is set to report first-quarter 2025 results on Thursday.The Zacks Consensus Estimate for first-quarter revenues is currently pegged at $10.87 million, indicating an increase of 339.92% year over year. The consensus mark for loss is currently pegged at 5 cents per share, unchanged over the past 30 days. QBTS reported a loss of 11 cents per share in the year-ago quarter.QBTS earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and matched once, the negative ...

Financial Data and Key Metrics Changes - For fiscal year 2024, the company reported gross bookings of $65.8 million, reflecting a 13% increase from 2023, and revenue of $59.7 million, representing a 10% increase from 2023 [8][31] - Non-GAAP gross margin improved to 86% from 83% in 2023, while non-GAAP operating income increased to $5.5 million from $4.4 million in 2023 [8][31] - Non-GAAP net income per share rose to $0.25 from $0.17 in 2023, with shares used in the calculation increasing to 26.8 million from 20 million [8][31] Business Line Data and Key Metrics Changes - In Q4 2024, TCAD bookings reached $14.3 million, up 68% year over year, while EDA bookings were $5.5 million, up 31% year over year [27][30] - For the full year 2024, TCAD bookings totaled $46.9 million, a 32% increase, while EDA bookings were $15.4 million [34] Market Data and Key Metrics Changes - In Q4 2024, Asia Pacific revenues were $9.2 million, accounting for 52% of total sales, while the Americas contributed just over $7 million, or 40% of sales [35] - For the full year, Asia Pacific revenues were $31.6 million, representing 53% of sales, with the Americas at $22.5 million, or 38% of sales [35] Company Strategy and Development Direction - The company aims to drive innovation through AI-based semiconductor design, focusing on advanced CMOS geometries and power semiconductors [9][25] - The recent acquisition of Cadence's OPC product line is expected to enhance the company's capabilities in advanced memory manufacturing and foundry operations [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed excitement about the acquisition of the OPC product line, indicating it will contribute to mid-single-digit revenue by 2026 [18][38] - The company expects gross bookings for 2025 to range between $72 million and $79 million, with revenue projected between $66 million and $72 million [38] Other Important Information - The company added 46 new customers in 2024, with a focus on expanding in power and memory markets [11][92] - The company has a strong cash position, ending December with $87.5 million in cash, cash equivalents, and marketable securities [29] Q&A Session Summary Question: Clarification on the contribution of the acquisition of the Cadence OPC product line - Management indicated that the contribution is expected to be modest for 2025, with more details to be provided in future calls [41][44] Question: Guidance for operating profits and OpEx increase - Management confirmed that the increase in operating expenses is due to both the acquisition and planned growth in R&D and sales [46][47] Question: Customer acquisition and integration with existing products - Management stated that the OPC product will initially be sold as a standalone product but will be integrated into the FTCO platform over the next six to nine months [54][56] Question: Current exposure to China and revenue contribution - Management expects revenue contribution from China to remain flat, around 15% to 20% for 2025 [73] Question: Gross margin guidance and long-term targets - Management explained that gross margin fluctuations are sensitive to revenue changes and that they expect margins to improve as revenue scales [80] Question: Customer acquisition pace and quality - Management anticipates maintaining the pace of customer acquisition but emphasizes that the quality of new customers will be more significant moving forward [88][89]