FormFactor and Western Digital Emerge as Quantum Picks as Higher Yields Push Search for Breakthroughs
Updated
Updated · Yahoo Finance · Oct 5
FormFactor and Western Digital Emerge as Quantum Picks as Higher Yields Push Search for Breakthroughs
1 articles · Updated · Yahoo Finance · Oct 5
Summary
A new investor screen singled out three quantum-computing stocks, with FormFactor and Western Digital highlighted as ways to gain exposure beyond pure-play names.
Higher US Treasury yields and borrowing costs are steering investors toward technologies that promise step-change growth rather than incremental improvements, underpinning the focus on quantum computing.
FormFactor, valued at about $11.7 billion, sits in the quantum hardware toolchain through probe cards and cryogenic test systems, while still drawing most revenue from broader semiconductor testing.
Western Digital, valued at roughly $149.7 billion, is being tied to the theme through its Open Quantum Design work on Quantum error correction alongside a $12.9 billion HDD storage business.
The screen covered only three examples and pointed investors to 21 additional companies spanning hardware, software and research leaders in the broader quantum ecosystem.