The article argues Microsoft is a more attractive quantum computing pick than IonQ and D-Wave, whose shares are down 29% and 54% year to date, respectively. Microsoft is developing more stable qubits with a topological superconductor and its second-generation Majorana chip architecture, aiming for 1 million qubits on a single chip, and offers quantum processing through Azure. Azure reached $100 billion in annualized revenue in fiscal 2026 on AI cloud demand, and Microsoft generated $19.6 billion in free cash flow in the fiscal fourth quarter, reducing funding concerns for its quantum work. Fiscal Q4 2026 revenue rose 18% to $90 billion, and management says Azure revenue will rise 45% in fiscal 2027. The shares have gained more than 20% over six months, and Microsoft holds 21% of the global cloud market, behind Amazon at 28%.
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