LAES vs IBM
Side-by-side quantum stock comparison: market cap, share price, classification, and thesis.
Market cap, head to head
Stat-by-stat
| Metric | LAES | IBM |
|---|---|---|
| Type | Pure-play | Diversified |
| Segment | Hardware | Hardware + Software |
| Exchange | NASDAQ | NYSE |
| Country | CH | US |
| Market cap | $362.19M | $220.64B |
| Share price | $2.54 | $234.19 |
| Employees | 67 | 270,300 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Information Technology Services |
Quantum thesis
SEALSQ designs secure-element semiconductors and is building a post-quantum cryptography product line to protect connected devices once quantum computers can break current public-key schemes. Like Arqit, the angle is defense against quantum rather than building one, but SEALSQ ships physical chips rather than software keys.
Full LAES page →Quantum thesis
IBM runs the most mature commercial quantum program of any public company. IBM Quantum operates a fleet of superconducting processors over the cloud, publishes a detailed hardware roadmap, and ships Qiskit, the most widely used open-source quantum software stack. Quantum is a tiny share of IBM revenue, but no other diversified bet has more direct quantum exposure or a longer track record.
Full IBM page →