As Trump Doubles Down on Quantum Computing, This Is the Top-Performing Stock to Buy YTD

Key Points:

• President Trump signed two executive orders to accelerate U.S. quantum computing development, focusing on building a scientifically relevant quantum computer and updating government cryptography to quantum-resistant standards.
• Intel has emerged as the best-performing quantum computing stock this year, driven by its research in qubit technologies and development of advanced quantum hardware like its Tunnel Falls silicon spin qubit chip.
• Intel’s stock has surged 470.3% over the past year and 247.8% year-to-date, fueled by optimism around AI, improved data center revenues, and a perceived company turnaround, though its valuation remains high with a forward P/E ratio of 117.47.
• The company’s Q1 results showed revenue growth and improved operating margins, with Wall Street analysts projecting significant EPS growth through fiscal 2027 driven by AI-related demand.
• Analyst opinions vary, with ratings ranging from “Neutral” to “Buy,” and price targets between $85 and $160, reflecting differing views on Intel’s transition to AI and semiconductor foundry strategy amid strong industry demand.