IBM’s Arvind Krishna Predicts Quantum Computing Will Become a Meaningful Business by 2028: 'We Are Now Pr

On Thursday, International Business Machines Corp (NYSE:IBM) CEO Arvind Krishna said quantum computing could begin making a measurable contribution to the company’s revenue and profit by 2028 or 2029.

IBM Sees Quantum Computing Driving Revenue and Profit Speaking on CNBC’s "Mad Money," Krishna said investors may not have to wait much longer for quantum computing to become a meaningful business for IBM.

"I think that in 2028 or 2029, you’ll see it have a measurable impact on our top line and bottom line," Krishna said.

He added that IBM has grown increasingly confident about the technology’s long-term economic potential.

"By the end of the 2030s, we are now pretty convinced this is a trillion dollars of value," Krishna said.