Investing in Supercomputers with Cray (CRAY)
In a recent article, we talked about the difference between supercomputers and mainframes. We were quite surprised to see how pervasive IBM mainframes are in the world’s biggest companies, and even more surprised to see that they offer unmatched performance, like being able to encrypt data 18X faster than x86 platforms at just 5% of the cost. With yesterday’s news of IBM reaching new milestones in quantum computing, you’ll want to read our article on Quantum Computers vs. Supercomputers vs. Mainframes. In that article, we pondered as to how shares of supercomputer maker Cray Inc. (NASDAQ:CRAY) would react to news of quantum supremacy. The answer is a function of how supercomputers like those built by Cray are displaced by quantum computers. We can speculate all day about that, but what we’re interested in learning about is Cray today.
About Cray
Founded way back in 1972, Seattle based company Cray Inc. is a publicly traded company with a market cap of $746 million and 2016 revenues of $629 million. You could write a pretty engagi
