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Showing posts from October, 2024

Rigetti Computing (RGTI) – Investment Thesis: Innovation Amid Financial Headwinds

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Company Overview Founded in 2013 and publicly listed in 2022,   Rigetti Computing   is a pioneer in superconducting quantum computing. The company designs and manufactures quantum processing units (QPUs) based on Josephson Junctions (JJs), which enable precise control of qubit frequencies through quantum tunneling. Despite known challenges such as energy loss and reproducibility, superconducting qubits remain a leading architecture due to their scalability and manufacturability. Rigetti’s fabrication process leverages Alternating-Bias Assisted Annealing (ABAA) to enhance qubit frequency precision and gate execution. This technique underpins the performance of its flagship systems, including the Novera™ QPU and the newly launched Ankaa™-3 . Product Milestones Novera QPU (Dec 2023): Rigetti’s first commercial quantum processor, featuring a 9-qubit chip with tunable couplers and a 5-qubit chip for single-qubit gate testing. Ankaa™-3 System (Launched Dec 2024): An 84...

IonQ Inc (NYSE: IONQ) – Investment Thesis: Scaling Quantum Ambitions Amid Market Volatility

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IonQ Inc. (IONQ): A Deep Dive into a Quantum Computing Pioneer                                                                   IonQ says its 100,000-square-foot Bothell factory is the first dedicated quantum                                          computer manufacturing facility in the U.S.   The world of computing is on the cusp of a revolutionary shift, and at the forefront of this transformation stands IonQ, Inc. (NYSE: IONQ). This Maryland-based company, founded in 2015 and publicly listed in October 2021, is a leading developer of general-purpose trapped ion quantum computers. IonQ is not just building hardware; it's making quantum computing accessible, offering access to its cutting-edge machines through maj...

Investment Thesis for ASML (ASML Holding N.V.)

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On 15 Oct 2024 ASML posted their earnings report a day earlier due to a human mistake. This is not the first time the company is doing such mistakes. Conclusion is enevitable: the company is managed by a bunch of incompetant pricks.  Company Overview: ASML Holding N.V. (ASML) is a Dutch global monopoly leader in the semiconductor equipment industry, specifically in lithography systems, which are critical for manufacturing advanced microchips. Its flagship product, Extreme Ultraviolet (EUV) lithography machines , is essential for producing high-performance chips used in everything from smartphones to data centers and AI applications. Key Investment Highlights: Market Leadership and Competitive Moat: ASML has an unrivaled position in the semiconductor lithography market, especially in EUV systems, with no competitors currently able to offer comparable technology. The company’s EUV technology is crucial for advanced semiconductor nodes (e.g., 5nm, 3nm), and now with the introdu...