Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Quantum Computing Stocks to buy and Hold Forever.
The company has a dedicated research division building superconducting quantum processors like Sycamore and the newer Willow chip
Recently, on July 2, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) aims to raise more than $80 billion in equity offerings and a major investment from Berkshire Hathaway to fund its expensive AI infrastructure buildout. The deal also signals Berkshire’s confidence in the company’s AI and cloud strategy. The report noted that Berkshire will buy $10 billion in stock through a private placement.
This will include $5 billion in Class A shares at $351.81 each and $5 billion in Class C shares at $348.20 each. This adds to Berkshire’s position, which it has been building since last year. With around $16.6 billion, Alphabet becomes one of Berkshire’s largest holdings.