Jim Cramer Highlights International Business Machines’ Quantum Computing Business

International Business Machines Corporation (NYSE:IBM) is one of the stocks highlighted as Jim Cramer responded to questions from Harvard Business School students. A student asked what advice Cramer would give to people currently investing in AI infrastructure for quantum computing. He replied:

“Okay, first, I think there are only two quantums right now that are, that are actually real. One is IBM and the other is Google. There’s a lot of others. We’ve had D-Wave on… You know, actually, I’m not saying that they’re all jokes like Rigetti is a joke.. It’s not like that. I do feel that what’s happened is that there are a lot of speculative stocks about quantum that are 7, 8, 10 years away. IBM’s got something that’s going to work in the next year or two. It should impact all the power that, we won’t need nearly as much power with quantum. But as Jensen Huang told me multiple times, he’ll be in there too. You can’t run the quantum without the GPUs, so you can run them side by side. IBM is the inexpensive way. They do have eight machines that are currently working in quantum. That’s the way to play it. Nothing else right now, okay? Nothing else.”

Photo by Anton Maksimov juvnsky on Unsplash

International Business Machines Corporation (NYSE:IBM) provides software, consulting, infrastructure, and financing solutions to help clients with digital and AI transformations.

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Disclosure: None. This article is originally published at Insider Monkey.

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