2026 Quantum Revolution: AMD, AVGO, TER Positioned to Capture Accelerating Enabler Gains

The quantum computing industry is approaching an inflection point in 2026, but the real profit opportunity may not lie where most investors think. While fully fault-tolerant quantum systems remain several years away, the supporting ecosystem—semiconductors, cybersecurity, test infrastructure and hybrid classical-quantum architectures—is experiencing rapid commercialization right now. This shift creates a distinct advantage for investors willing to look beyond pure-play quantum hardware: enablers are generating measurable revenues and earnings growth today, while positioned to capture significant upside as quantum adoption accelerates over the coming decade.

The quantum financial system itself is reshaping how enterprises approach infrastructure investment, with spending now flowing across hardware, materials, electronics, software and security layers rather than concentrating in any single segment. This diversification reduces risk while broadening the addressable market for enabling technology providers.

Market Tailwinds: From Research to Revenue

Recent market research validates the transition from experimental to commercial quantum activity. Post-quantum cryptography represents one of the fastest-scaling segments, with projections showing expansion from roughly $810 million in 2025 to over $1.1 billion in 2026—a near-40% jump. This acceleration reflects mounting urgency among governments, financial institutions and critical infrastructure operators preparing for quantum-era security vulnerabilities.

Broader quantum ecosystem revenues tell a similar story. Industry analysis indicates that the combined quantum computing, communication and sensing markets reached approximately $650–750 million in 2024 and are expected to surpass $1 billion by 2025. Notably, a significant share of these revenues flows to enabling layers—semiconductors, cybersecurity platforms, systems integration and hybrid infrastructure solutions—rather than to standalone quantum hardware vendors.

This revenue distribution is critical for investors seeking lower execution risk. Enablers possess clearer earnings visibility in 2026 because they serve multiple adjacent markets simultaneously, not just speculative quantum hardware demand.

Three Quantum Enablers Positioned for Valuation Expansion

Advanced Micro Devices (AMD): Quantum-centric computing architectures represent a natural extension of AMD’s core strength. In August 2025, AMD and IBM announced a collaboration to develop hybrid classical-quantum supercomputing systems, combining AMD’s high-performance CPUs, GPUs and adaptive SoCs with IBM’s quantum infrastructure. This partnership directly addresses the early-use-case requirement for hybrid workflows—a prerequisite before fault-tolerant machines arrive. AMD’s deep compute expertise ensures both near-term revenue contributions and long-term positioning as enterprises invest in quantum readiness. The company carries a Zacks Rank #3 (Hold) designation with consensus expectations for 60.4% earnings growth and 27.9% revenue growth through 2026.

Broadcom (AVGO): Security infrastructure is emerging as a primary driver of near-term quantum spending. In 2025, Broadcom introduced its Brocade Gen 8 Fibre Channel portfolio, featuring the industry’s first 128G Fibre Channel platforms with embedded quantum-safe cryptography designed to protect mission-critical storage area networks from future quantum decryption threats. The company simultaneously rolled out Emulex Secure Fibre Channel Host Bus Adapters implementing hardware-based post-quantum encryption and zero-trust protection without sacrificing performance.

These solutions directly align with emerging regulatory frameworks including CNSA 2.0, NIS 2 and DORA, enabling enterprise and government customers to modernize infrastructure ahead of quantum risks. This proactive positioning creates consistent revenue streams as compliance deadlines approach. Broadcom holds a Zacks Rank #3 classification with expectations for 41.5% earnings growth paired with 42.1% revenue growth in 2026.

Teradyne (TER): Precision measurement and test infrastructure powers the physical development of next-generation quantum hardware and optical systems. Teradyne’s 2025 acquisition of Quantifi Photonics expanded its photonic integrated circuit testing capabilities, directly supporting optical interconnects essential to hybrid computing and emerging quantum architectures. The company’s wafer probe and high-volume test systems provide the foundational infrastructure for scaling quantum and AI/HPC devices—generating current revenue while enabling enterprise adoption pathways.

This dual exposure—serving both current test-and-measurement demand and future quantum scaling—positions Teradyne to benefit from accelerating 2026 spending without relying on speculative quantum hardware breakthroughs. The stock carries a Zacks Rank #3 rating with consensus projections for 43.9% earnings growth and 22.2% revenue growth through 2026.

Strategic Takeaway: Lower Risk, Higher Visibility

As markets increasingly recognize that quantum’s commercial value flows through enabling layers rather than first-generation hardware alone, investor capital will likely concentrate on companies with diversified revenue streams, strong balance sheets and explicit quantum exposure. AMD, Broadcom and Teradyne exemplify this profile—each generating measurable near-term revenues while retaining meaningful long-term upside as the quantum financial system matures.

2026 represents a strategic window for evaluating leading quantum enablers before broader institutional adoption accelerates valuation multiples further.