2 Quantum Computing Stocks That Could Help Make You a Fortune
2026-10-25 16:11
•Keithen Drury •The Motley Fool
••••• •• Axe Cap view
Quantum Computing: Should South African Investors Care?
Nvidia and IonQ offer high-growth exposure to quantum computing, but the local angle is limited.
Quantum computing is gaining buzz, led by IonQ’s pure-play focus and Nvidia’s AI-driven data center muscle. IonQ’s next-gen 256-qubit machine could shake up the tech scene if it delivers as promised, while Nvidia already cashes in through tools like NVQLink and CUDA-Q supporting this emerging industry. But if you’re investing from South Africa, the direct local plays here are thin to none. Neither IonQ nor Nvidia are listed on the JSE, and their impact on the rand or sectors like mining and banking will be indirect at best. However, Nvidia’s exposure to AI could support demand for USD, nudging USD/ZAR higher if global risk appetite stays strong. The underlying tech story is exciting, but it’s a speculative growth theme, vulnerable to tech sector sentiment swings or slower-than-expected quantum breakthroughs. Use this theme cautiously and avoid overexposure. this is just our opinion and not financial advice
Watch Nvidia via USD/ZAR exposure and avoid direct bets on IonQ from SA due to liquidity and currency risks. Consider trimming rand-hedged equities if USD strength accelerates.
- USD/ZAR
- NVDA
- Quantum tech development delays
- USD strength increasing, pressuring rand
5/10
The article highlights IonQ and Nvidia as two quantum computing stocks positioned for significant growth. IonQ is recognized as the pure-play quantum computing leader, holding the world record for accuracy and launching a 256-qubit system next year. Nvidia is supporting the quantum computing industry through tools like NVQLink and CUDA-Q while capitalizing on massive AI data center spending projected to reach $3-4 trillion annually by 2030. The quantum computing market is estimated to grow from $4 billion in 2024 to $72 billion by 2035.
Our take is based on reporting first published by The Motley Fool.