IBM stock up 2 percent today as analysts revisit the CHIPS Act foundry thesis. Best quantum computing stock hiding in plain sight? - what do you reckon

[Rapid Crossing]

IBM stock is trading up approximately 2 percent on May 27 as analysts circle back to the CHIPS Act quantum foundry thesis following the Anderon announcement. The argument being made by multiple analysts is that IBM is undervalued on quantum relative to pure-play names because investors looking for quantum exposure default to Rigetti and D-Wave rather than a diversified technology company where quantum is one division among many.

IBM has spent a decade building its quantum computing division, invested in real hardware at significant scale, and is now the recipient of the largest single CHIPS Act quantum allocation at one billion dollars.

Prediction: Quantum AI Will Power the Next Wave of Supercomputing -- and This Stock Could Lead It

https://finance.yahoo.com/markets/stocks/articles/prediction-quantum-ai-power-next-105700262.html

[Mia86]

The argument that IBM gets less credit for quantum than it deserves because it is a large diversified company is correct and the market structure reinforces it. Index investors hold IBM for cloud and consulting. Quantum investors buy RGTI and QBTS

[Jason99]

IBM up 2 percent on a day when RGTI is down 3.43 percent and AMD is down 1.44 percent is the defensive characteristics of a large cap showing through. The volatility profile is completely different

[ParallelSelf34]

The IBM quantum division decade of investment is not visible in most standard valuation approaches because it has never been separately disclosed at a level that would allow quantum-specific valuation

[QueueDay]

Anderon serving multiple hardware vendors is the Qualcomm or TSMC parallel that makes IBM a platform bet rather than a single-architecture bet. That changes the addressable market significantly

[Dark Hawk]

The analyst community collectively under-covers IBM quantum relative to pure-plays partly because the financial disclosure does not separate it out clearly enough to do discounted cash flow analysis on