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IBM CEO says quantum computing will have a 'measurable impact' on earnings by 2028 or 2029

First publishedJul 30, 22:46 UTC
Last updatedJul 31, 10:47 UTC · 30m ago
11 outletCNBC Top News
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Answer

IBM CEO Arvind Krishna said the company's investments in quantum computing should begin to have "a measurable impact" on revenue and earnings by 2028 or 2029.

Reported by 1 outlet CNBC Top News. See all sources ↓

IBM CEO Arvind Krishna said quantum computing will start to affect the company's earnings. He expects a measurable impact on revenue and profit by 2028 or 2029. IBM has been investing in quantum research for several years. He made the comment in a recent interview.

Why it matters

This shows that large tech firms believe quantum computing could become a real source of income soon. It helps investors and workers understand where future growth might come from.

In brief
Who is the IBM CEO that made the comment?
Arvind Krishna.
When does he expect quantum computing to affect IBM's earnings?
By 2028 or 2029.
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    IBM CEO says quantum computing will have a 'measurable impact' on earnings by 2028 or 2029

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