IBM-ULVAC Partnership: Who Cares If It Makes Money?
TL;DR I’m not sure if quantum computers will ever be useful in real life. But IBM has promised to deploy large-scale quantum computers by 2029. ULVAC is the sole Japanese supplier of essential components (coolers) for quantum computers. Currently overvalued with a P/E of 20.26x and PEG of 4.05x. However, entering after confirming 2026 earnings could yield a 100-200% return over 3-5 years. Let’s Be Honest: I Don’t Believe in Quantum Computers I don’t get what’s so great about quantum computers. For 30 years, the technology has been “10 years away from commercialization” and is still stuck in the lab. Google’s Willow chip is 13,000 times faster than a supercomputer? Great. But what do you do with it? ...