IBM's Latest Quantum System Delivers 16x Lower Error Rates And 25x Speed Increase: Details
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2024
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Source: Benzinga
IBM Stock Performance: IBM shares have increased by over 55% in the past year, currently trading at $222.45, and investors can gain exposure through specific ETFs like TDIV and DOGG.
Quantum Computing Expansion: IBM has completed an expansion of its Quantum Data Center in Poughkeepsie, enhancing performance and speed significantly, while also collaborating with over 250 organizations to advance quantum computing capabilities globally.
Analyst Views on DOGG
Wall Street analysts forecast DOGG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOGG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 21.180
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Current: 21.180
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
