🇺🇸 Last Investment Keyword of the Year: Strategic Assets… Joining Quantum Computing?!
Following semiconductors and rare earths, “national capitalism” has begun to dominate the tech sector.

💰 An era when the government becomes a direct shareholder

The U.S. Department of Commerce is negotiating with quantum computing companies such as IonQ, Rigetti and D-Wave to “secure a stake in exchange for funding.”
Each company receives at least 10 million dollars, and the government secures control as a shareholder.
It has already invested $9 billion in Intel to secure a 10% stake and applied the same method to rare earth and lithium companies.

⚡ Why quantum computing?
Quantum computers process decryption, new drug development, and military simulations 13,000 times faster than conventional supercomputers. China has also entered the competition for technological supremacy by investing billions of dollars.
The United States has now defined quantum computing as a national security asset, not a commercial technology.

⚠️ What should investors see?
Government support is a strong momentum, but it does not guarantee profitability on its own.
Quantum computing still has obstacles in error rate, stability, and qubit scalability, and it is unclear how long it will take to commercialize. Valuations have already entered an overvalued segment, and the downside could be steep if they fall short of expectations, meaning high-risk assets.

🌐 Big Picture: Investment Strategy in the Age of ‘Five Strategic Assets’
The U.S. has now begun defining AI, semiconductors, rare earths, lithium, and quantum computing as strategic assets and directly controlling them.
Next up is likely to be bio, aerospace, and next-generation energy.
Investors have entered an era where they have to see not only “what companies make” but also “how important the state values it.”

The technology chosen by the country is difficult for the market to turn a blind eye to.