One invention is about to make a lot of people rich in the coming months and years.
Longtime money manager Louis Navellier thinks Nvidia will trigger an even bigger boom than artificial intelligence with it's new invention and a “Quantum Partner Stock” is the best way to play it.
The Teaser
This strange device is Nvidia’s next major invention:
Host John Burke vows to get to the bottom of this development during his sit down with Louis Navellier.
Louis has been an outspoken AI bull and we have covered a few of his previous calls, including his AI Revolution Stocks and AI Mineral Stocks.
We’ve all heard how AI is going to change life as we know it and we've seen some glimpses of this with self-driving vehicles and warehouse automation.
Graphics processing units (GPUs) are what have made such progress possible with virtually all of today’s AI applications relying on these chips.
They're the pistons that turn an engines crankshaft if you will.
But Louis says GPUs are an old story.
Nvidia is now building a lab in Boston to accelerate the development of a brand new innovation.
Q.P.U.
Louis believes we’ll be hearing these three letters a lot more in the coming months and years.
That's because this new invention will usher in “the third and most powerful phase of the computing revolution.”
Research from Bank of America had this to say about it:
It can perform endless complex calculations in near zero-time, warp-speeding human knowledge and development
All the hullabaloo is about quantum processing units (QPUs).
We know Nvidia’s new Accelerated Quantum Research Center (NVAQC) in Boston is building cutting-edge technologies to advance quantum computing.
However, the key to figuring this teaser out may lie in a sentence from Nvidia's press release announcing it's new research center:
Through the NVAQC, commercial and academic partners will work with NVIDIA
The biggest gains of all will come from these commercial partners that are helping Nvidia develop this new tech, including one quantum partner stock that Louis believes will be the undisputed leader in the space.
The Pitch
It's name is revealed only in a new report called Nvidia’s Quantum Partner: How to Profit from the Next 150X Tech Breakthrough.
To get our hands on it we'll need a subscription to Louis' flagship research service, Growth Investor.
The cost is $49 for the first six months (normally $250), with a 90-day money-back guarantee.
The Third and Most Powerful Computing Revolution
Quantum computing could be 1,000 times more powerful than AI.
How exactly is this possible?
It's due to rapid advancements made in processing units, which started back in the late 80s and 90s with the personal computer revolution.
During this time, computer processing units (CPUs) became powerful enough to run user-friendly operating systems like Windows, video games, and early internet browsers like Netscape, while also becoming cheaper and cheaper.
These were the good ol'days, but CPUs weren't perfect.
For example, they were terrible at processing multiple tasks simultaneously and there are some things that require the computer to multitask, such as computer graphics.
This is where Nvidia and the world’s first graphic processing unit (GPU), the GeForce 256, comes in.
That chip was able to process many computational tasks at once, breaking them down into smaller ones that can be calculated independently and simultaneously.
Without Nvidia’s GPUs, we would not be talking about AI today.
But even the most powerful GPUs have technological limitations.
Some problems, like cryptography and advanced simulations, are so complex that even the most powerful classical supercomputers can't solve them. Enter quantum processing units (QPUs).
Louis calls them the most powerful and lucrative computing revolution of them all.
Nvidia understands this.
This is why they are now starting to focus more on quantum chips, per CEO Jensen Huang:
Nvidia is working toward a future where all supercomputers integrate quantum hardware to solve commercially relevant problems
Thanks to complex quantum physics concepts like superposition and entanglement, quantum computers can process exponentially more data and solve more tasks simultaneously, than anything else.
My brain hurts just reading that.
But it's a good thing we don't need to be quantum computing experts in order to profit from them.
We're now at the beginning of the third computing revolution and Louis is expecting “a big announcement from one Nvidia partner around April 23rd that could light a fire under the market.“
Revealing Nvidia’s Quantum Partner Stock
This Nvidia partner is supposedly solving one of the biggest problems in the development of quantum computing.
Here is what we're told about it:
- This company has a team of 50 physicists working on quantum technology.
- It is set to release it's latest update around April 23rd.
- Bill Ackman, Dave Tepper, and even a subsidiary of Berkshire Hathaway are all shareholders.
All the clues point to Alphabet Inc. (Nasdaq: GOOG) being Louis' pick.
- No confirmation about the number of scientists on Google's Quantum AI team or an upcoming April 23rd announcement, but it has partnered with Nvidia to solve some of quantum computing's biggest challenges.
- Alphabet is a top holding of Bill Ackman, Dave Tepper's Appaloosa hedge fund, and to a lesser extent, Berkshire Hathaway.
Make 150x Your Money?
Quantum computing is something that always seemed a few years away from being a few years away.
I remember Google's own timeline for a computational system that self-corrects being the end of 2017, which was nearly a decade ago!
Now, some believe that specific quantum computing use cases are achievable within the next two years and wagering a lot of money on it.
The betting market is not very optimistic, with only 4% expecting a commercially viable quantum application by 2027.
From an investment standpoint, buying into an established tech stalwart is a double-edged sword.
We get downside protection, but our upside is also seriously capped by buying into a multi-trillion business at an earnings multiple of nearly 30x.
The better opportunity may be in smaller quantum computing infrastructure plays, such as SkyWater Technology (Nasdaq: SKYT) and Sealsq Corp. (Nasdaq: LAES) which are still trading at reasonable valuations.
However, your time horizon better be 5-10 years+, as the tech that QPUs power is still very much a work-in-progress.
150x gains may be on the table, but the timing of quantum computing's ChatGPT moment is anyone's guess.
Quick Recap & Conclusion
- Louis Navellier thinks Nvidia is about to trigger an even bigger boom than artificial intelligence with it's new invention and a “Quantum Partner Stock” is the best way to play it.
- The longtime money manager is talking about Quantum Processing Units (QPUs) and one Nvidia quantum partner stock could become the leader in the space.
- It's name is only revealed in a new report called Nvidia’s Quantum Partner: How to Profit from the Next 150X Tech Breakthrough. A subscription to Louis' flagship research service, Growth Investor, is needed, which costs $49 for the first six months (normally $250).
- We were able to reveal Nvidia's quantum partner stock for free, it's Alphabet Inc. (Nasdaq: GOOG).
- Alphabet offers downside protection, but given it's size, our upside is also seriously capped. If 150x potential is what you're after, look at smaller quantum infrastructure plays.
Will quantum computing become a thing in the next two years? Leave a Yes or a No in the comments.