Mar. 29 at 12:35 PM
$QBTS
Particular attention is currently being drawn to Google. The tech giant has accelerated its timeline and designated the year 2029 as the so-called “Q-Day.” From that point onward, quantum systems could potentially break widely used online security standards such as 2048-bit RSA encryption. This looming paradigm shift is driving rapid growth in the post-quantum cryptography market, which is expected to expand at an annual rate of over 41% through 2034.
Analysts remain largely unfazed by the recent weakness in the stock. On average, they maintain a moderate buy rating and set a price target of
$36.50, implying an upside potential of around 163% compared to the latest closing price.
https://www.pcgamer.com/software/security/google-says-its-preparing-for-the-quantum-apocalypse-when-traditional-encryption-methods-are-broken-by-quantum-computers-by-2029-which-is-much-sooner-than-originally-expected/?utm_source=chatgpt.com
