Quantum computing represents a groundbreaking approach to processing information, leveraging the principles of quantum mechanics to perform calculations at speeds unattainable by traditional computers. Unlike classical computers, which use bits as the smallest unit of data, quantum computers utilize qubits. These qubits can exist in multiple states simultaneously due to a property known as superposition. This allows quantum computers to explore vast solution spaces concurrently, making them exceptionally powerful for solving complex problems like optimization, cryptography, and material science.

To grasp the fundamentals of quantum computing, it's essential to understand atom-like thinking. In this context, one can visualize qubits as analogous to atoms, where each qubit's state can be represented as a point on the surface of a sphere through a technique called Bloch sphere representation. By manipulating these qubits via quantum gates, akin to rotations and transformations in atomic physics, quantum computations can be harnessed to achieve outcomes that classical computing systems struggle with. Quantum entanglement further enhances this capability, enabling qubits to be interlinked in such a way that the state of one qubit instantly affects another, regardless of distance, fostering a new dimension of computational power.

Quantum entanglement is a phenomenon that occurs when particles become interconnected in such a way that the state of one particle instantaneously influences the state of another, no matter the distance separating them. This astonishing property of quantum mechanics is paving the way for a new era of computing technology. By harnessing the principles of quantum entanglement, researchers are developing quantum processors that can handle complex computations at unprecedented speeds. Unlike classical computers, which rely on binary bits as the smallest unit of data, quantum computers utilize qubits, which can exist in multiple states simultaneously, dramatically enhancing their processing power.

The implications of quantum entanglement for computer processing are vast and transformative. For instance, in fields such as cryptography and optimization problems, quantum computers can perform calculations that would take classical computers eons to solve. Experts predict that as quantum technology matures, it will lead to breakthroughs in various sectors, from artificial intelligence to drug discovery. As we stand on the brink of this revolutionary shift, it's evident that quantum entanglement not only enhances processing capabilities but also opens new avenues for innovation and exploration in technology.

Quantum bits, or qubits, are the fundamental units of information in quantum computing. Unlike classical bits, which can only represent a state of 0 or 1, qubits can exist in a state of superposition, allowing them to represent both 0 and 1 simultaneously. This unique property enables quantum computers to process complex problems at unprecedented speeds. Additionally, qubits can be entangled, meaning the state of one qubit can depend on the state of another, regardless of the distance between them. As a result, quantum computing holds the potential to revolutionize various fields, from cryptography to drug discovery.

The implications of quantum technology extend far beyond mere processing power. Industries such as finance, where risk assessment and portfolio optimization can be greatly enhanced, and healthcare, which could see breakthroughs in personalized medicine, stand to benefit immensely. Furthermore, advancements in quantum computing may lead to enhanced machine learning algorithms and improved simulations, providing deeper insights into complex systems. As researchers and technologists continue to explore this transformative technology, understanding what qubits are and why they matter becomes essential for preparing for a future where quantum computing could redefine our technological landscape.