“Pharma Bro” Martin Shkreli slams Microsoft’s quantum “breakthrough”, predicting that IONQ and RGTI will decline as technology lags behind – Alphabet (Nasdaq:GOOG), Alphabet (Nasdaq:Googl).

Hedge Fund Manager Martin Shkreli Sceptics about recent quantum computing improvements and inventory valuations, especially for IONQ Inc. ionq and Rigerty Computing Company rgti In a series of posts on Wednesday X.
what happened: “IONQ and RGTI are both low-value unit numbers, and today’s prices are $33 and $10. Quantum computing is not feasible in any serious way.” Shkreli wrote, suggesting Microsoft Corp. MSFT Recent quantum announcements could negatively impact the market position of both companies.
When Microsoft launched its Majorana 1 quantum chip, his comments were published, with a new topological core architecture that the company claims could eventually scale to one million Quarbits. The chip utilizes tototype technology to enable more reliable and scalable qubits through controlled primary particles.
Shkreli claims to prevent Microsoft’s quantum paper from being published, a huge effort, warning that the term “breakthrough” should be used with caution.
Despite Shkreli’s bearish outlook, both quantum computing stocks have achieved significant gains. Over the past year, IONQ stock has soared 221%, while RGTI stock has soared more than 572%. However, Shkreli previously pointed out the operational challenges, sharing an Amazon Web Services dashboard showing multiple quantum processing units offline by the two companies.
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Why it matters: The debate on the commercial viability of quantum computing goes beyond Shkreli’s criticism. Nvidia Corp. NVDA CEO Jansen Huang It has been suggested that the actual quantum application might be 15 to 20 years, while Google is Alphabet Inc. GOOGL GOOGmaintaining a more optimistic five-year schedule through its Willow Quantum chips.
Microsoft’s entry into the quantum computing competition has received support from the Defense Advanced Research Projects Agency (DARPA). The company also has Quantinuum and Atomic computingintegrate these quantum functions into its Azure cloud platform.
Shkreli became the infamous “Pharma Bro” and was convicted of securities fraud in 2017 but was still banned from the pharmaceutical industry, but recently worked as a vocal critic in the field of quantum computing.
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