Bob Sutor

Jan 22, 2025 | futurumgroup.com | Bob Sutor

Analyst(s): Dr. Bob SutorPublication Date: January 22, 2025During December 2024, the stock prices of public quantum computing companies IonQ, Rigetti Computing, and D-Wave Quantum rose dramatically by hundreds of percent despite the latter two publishing lackluster earnings results for the third quarter. Following remarks by NVIDIA CEO Jensen Huang saying that useful quantum computing was at least 15 to 30 years away, these stocks crashed.

Jan 22, 2025 | futurumgroup.com | Bob Sutor

Analyst(s): Dr. Bob SutorPublication Date: January 22, 2025During December 2024, the stock prices of public quantum computing companies IonQ, Rigetti Computing, and D-Wave Quantum rose dramatically by hundreds of percent despite the latter two publishing lackluster earnings results for the third quarter. Following remarks by NVIDIA CEO Jensen Huang saying that useful quantum computing was at least 15 to 30 years away, these stocks crashed.

Dec 19, 2024 | futurumgroup.com | Bob Sutor

Analyst(s): Dr. Bob SutorPublication Date: December 19, 2024The future is quantum, classical, and AI. We will combine these technologies into workflows to solve problems critical to society, with each component handling the kind of computation it does best. NVIDIA and Infleqtion have shown that they can use the CUDA-Q quantum software development kit with NVIDIA GPUs and Infleqtion quantum computers to begin attacking materials science problems.

Dec 9, 2024 | futurumgroup.com | Bob Sutor

Analyst(s): Bob SutorPublication Date: December 9, 2024Synopsys, Inc. reported record-breaking financial results for its fourth quarter and fiscal year 2024, with annual revenue reaching $6.127 billion, a 15% year-over-year increase. The company also made significant strategic moves, including selling its Software Integrity business and progressing toward acquiring Ansys, which is expected to close in 2025.

Dec 9, 2024 | futurumgroup.com | Bob Sutor

Analyst(s): Bob SutorPublication Date: December 9, 2024Marvell Technology delivered strong financial results for Q3 FY2025, driven by demand for its AI silicon and cloud interconnect solutions. Revenue reached $1.516 billion, representing 19% sequential growth, despite posting a GAAP net loss of $676.3 million due to restructuring costs. With a focus on AI and cloud markets, Marvell forecasts continued momentum into Q4 FY2025 and beyond.