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Benzinga
Benzinga
Business
Surbhi Jain

Trump's Quantum Interest Shines Spotlight On IBM's Revenue Lead

IBM Donald Trump IONQ Nasdaq
Milan,,Italy,,July,29,,2024,-,Sign,Of,Ibm,On

As the Donald Trump administration weighs the possibility of taking a stake in quantum computing, IBM (NYSE:IBM) is quietly outpacing the hype. Since 2017, IBM's quantum division has generated nearly $1 billion in revenue, a figure that dwarfs most pure-play quantum startups still in their early commercial stages.

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