Latest news with #NiccolodeMasi
Yahoo
4 days ago
- Business
- Yahoo
IonQ Signs MoU With KISTI to Accelerate South Korea's Role in the Global Quantum Race
Memorandum aims to integrate IonQ's quantum technology into South Korea's high-performance computing infrastructure, fueling R&D, talent development, and ecosystem growth. COLLEGE PARK, Md., May 23, 2025--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced the signing of a memorandum of understanding (MoU) with the Korea Institute of Science and Technology Information (KISTI), a leading national science and technology research institute and supercomputing center. The memorandum marks a significant expansion of IonQ's long standing relationship with South Korea's government, academic and industry sectors, aligning efforts intended to accelerate the national development of quantum science and industry. Under the terms of the MoU, IonQ and KISTI will collaborate in four key areas: advanced infrastructure access, education, talent and knowledge exchange as well as collaboration to expand market opportunities. The two organizations will work together with the intent to introduce quantum systems into KISTI and plan to integrate these systems with KISTI's high-performance computing (HPC) infrastructure. IonQ and KISTI also plan to collaborate on joint initiatives for talent upskilling including internships and training programs to strengthen the quantum computing research community in South Korea. "South Korea has been a vital partner in the advancement of quantum computing, and we're proud to deepen our collaboration with KISTI as we expand our footprint in South Korea," said Niccolo de Masi, CEO of IonQ. "This memorandum reflects a strategic alignment between public sector science policy leadership and private sector innovators to unlock real-world quantum applications, foster local talent, and position the region as a global force in the quantum economy." "Despite the infinite potential of quantum computing and the growing global interest, Korean companies and researchers still face a significant lack of infrastructure for actual research," said Dr. Sik Lee, President of KISTI. "As a leading institution in supercomputing, KISTI has long supported Korean researchers with world-class supercomputing services. Now, we plan to pioneer a new frontier by offering hybrid services that leverage quantum computing, further supporting Korea's industry and research community. We are very pleased to collaborate with IonQ, the world's leading quantum computing and networking company, on this highly ambitious journey." This announcement builds on an existing collaboration between IonQ and KISTI, including past initiatives supporting quantum research in both the U.S. and South Korea. As IonQ continues its global expansion, South Korea remains a critical partner in advancing quantum innovation. IonQ has also signed recent MoUs with SK Telecom, Busan Metropolitan City, Intellian Technologies, and has ongoing partnerships with Seoul National University and Sungkyunkwan University. In addition to these partnerships, IonQ has invested in local education and innovation initiatives such as executive training seminars, hackathons, and the sponsorship of the Quantum Korea conference. This latest collaboration with KISTI is intended to support the next phase of South Korea's national quantum strategy, with a focus on accessibility, workforce readiness, and research leadership. The partnership also aligns with South Korea's National Quantum Science and Technology Strategy, which aims to position the country among the world's top quantum economies by 2035. About IonQ IonQ, Inc. is a leader in the quantum computing and networking industries, delivering high-performance systems aimed at solving the world's largest and most complex commercial and research use cases. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words "accessible," "accelerate," "aimed," "available," "collaborate," "cutting-edge," "delivering," "foster," "growth," "innovative," "impactful," "latest," "leader," "leading," "making," "plan," "position," "potential," "significant," "solving," "strategic," "unlock," "will," and other similar expressions are intended to identify forward-looking statements. These statements include those related to the IonQ's quantum computing capabilities and plans; the future impacts of IonQ's offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; KISTI deciding or declining to enter into binding contracts with IonQ as intended under this non-binding MOU; the inability of IonQ's suppliers to deliver components that meet expectations timely; changes in Korean government spending or policy that may affect IonQ's customers; and risks associated with Korean government sales, including availability of funding and provisions that may allow the government to unilaterally terminate or modify contracts for convenience. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the "Risk Factors" section of IonQ's most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future. View source version on Contacts IonQ Media Contact: Jane Mazurpress@ IonQ Investor Contact: investors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Is Quantum Computing Stock IonQ a Good Long-Term Investment?
Quantum computers are expected to transform the computing industry in the years to come. IonQ is assembling a quantum computer network to power the next generation of the internet. The young tech company is now working to extend quantum computing to outer space. 10 stocks we like better than IonQ › Artificial intelligence has proven revolutionary, but quantum computers hold the promise of elevating the computing industry to unprecedented heights, thanks to the power of quantum mechanics. This makes companies working on the tech compelling investments. One of the prominent pure-play quantum companies is IonQ (NYSE: IONQ). It's pursuing the use of particles called ions to operate its quantum machines. This is a newer technology compared to the tried-and-true technique of superconducting qubits employed by rivals such as Rigetti Computing. IonQ's novel approach is just the start. It's aiming "to build the next generation of the Internet," according to the company's chairman and former CEO, Peter Chapman. But industry estimates indicate it will likely take years for quantum devices to evolve enough to replace today's computers. So does IonQ's technical achievements make it a worthwhile investment over the long haul as quantum machines gradually gain wider adoption? IonQ's ambition to drive the evolution of the internet requires taking on many different pieces of that ecosystem. As part of this, the company plans to be the first to have a quantum computer in space. To that end, it's acquiring Capella Space Corporation, which has been developing top-secret quantum capabilities for the U.S. government. IonQ also made a series of other acquisitions related to building out a quantum computer network. This network would act similarly to the computer networks that exist today, which make technologies such as the internet and artificial intelligence possible. By networking quantum computers together, IonQ can amplify their collective power to solve complex problems, such as improving energy grids and developing new medicines. But today, quantum networks can't extend very far. To address this, IonQ is acquiring Lightsynq Technologies, which specializes in equipment designed to extend the range quantum devices can be networked through devices called repeaters. IonQ's technology is making progress, and consequently so have its sales. The company has doubled revenue annually since becoming a public company in 2021. However, that streak may be at risk in 2025. That's because, at the end of the first quarter, IonQ's revenue totaled $7.6 million, essentially flat compared to the prior year. The stalled sales growth comes just as IonQ's new CEO, Niccolo de Masi, took the reins. Moreover, the company is not only unprofitable, its first-quarter operating loss of $75.7 million was 43% higher than the prior year's $52.9 million. Rising expenses without revenue growth is concerning. That said, in Q2 IonQ forecasts at least $16 million in sales, up from $11.4 million in the previous year. For the full year, the company expects revenue to reach between $75 million and $95 million. That's an increase of at least 74% from 2024's $43.1 million. Furthermore, IonQ exited Q1 with a strong balance sheet. Total assets were $850.1 million with a war chest of $588.3 million in cash, cash equivalents, and short-term investments. Contrast this with total liabilities of $85 million. If IonQ can achieve its forecast sales numbers for the year, that would return it to the strong sales growth rates it has seen historically. That's the kind of increase you want to see in a successful business. Yet, investing in IonQ entails significant risks. The company is pursuing so many areas to build its quantum internet and network, it may be biting off more than it can chew, and contributing to its substantial rise in costs. In addition, IonQ is not a cheap stock. You can assess its valuation with the price-to-sales (P/S) ratio. This metric measures how much investors are willing to pay for every dollar of revenue based on the trailing 12 months, and is commonly used to evaluate stocks for unprofitable companies, such as IonQ. The company's encouraging sales forecasts contributed to its stock price rising in recent weeks, which drove up its P/S multiple to 170. While not quite at the lofty levels seen at the start of the year, it's getting there. Also, at this point, investors won't know until IonQ's Q2 results whether it can return to strong year-over-year sales growth. So wait for Q2 earnings before deciding on the stock, and even then, only those with a high risk tolerance should consider buying shares. Before you buy stock in IonQ, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and IonQ wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Robert Izquierdo has positions in IonQ. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Is Quantum Computing Stock IonQ a Good Long-Term Investment? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
7 days ago
- Business
- Business Insider
IONQ, RGTI, or QBTS: Which Quantum Computing Stock Is the Most Attractive Pick?
Quantum computing is in the very early phase of its development, but is gaining a lot of attention, given that quantum computers leverage quantum mechanics to solve complex problems that classical computers can't solve, or can't solve fast enough. Using TipRanks' Stock Comparison Tool, we placed IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) against each other to find the most attractive quantum computing stock, according to Wall Street analysts. Confident Investing Starts Here: IonQ Inc. (NYSE:IONQ) IonQ is developing trapped-ion quantum computers for commercial, industrial, and academic applications. Earlier this month, the company reported nearly flat revenues for the first quarter of 2025 but a lower-than-anticipated loss per share. Interestingly, IONQ stock has rallied 70.5% over the past month and has risen 9.4% year-to-date. Investors are bullish on the company's prospects, backed by some strategic deals and acquisitions made recently. Moreover, IONQ stock jumped 36% on Thursday after CEO Niccolo de Masi said in an interview with Barron's that IonQ could become the Nvidia (NVDA) of quantum computing, triggering optimism among investors. Is IonQ a Good Stock to Buy? Following the Q1 print, Benchmark analyst David Williams reiterated a Buy rating on IONQ stock with a price target of $40. The top-rated analyst noted that IONQ's Q1 results were marked by continued commercialization progress and further expansion of its networking portfolio. Moreover, the top line reflected traction across existing and new partnerships, as the company executes on its roadmap and capitalizes on adjacent opportunities. He added that IonQ's Lightsynq and Capella Space acquisitions build on the recent Qubitekk and ID Quantique deals, giving the company a vertically-integrated quantum networking stack from data center to the edge and terrestrial to satellite-based communication links. While Williams acknowledges that the time horizon for these capabilities to become integrated into the quantum computer is well into the future, they represent lucrative revenue verticals in the near and intermediate term while also providing access to markets and technologies to further develop the quantum computing ecosystem. Wall Street has a Strong Buy consensus rating on IonQ stock based on four Buys and one Hold recommendation. At $40, the average IONQ stock price target implies a downside risk of 12.5% from current levels. Rigetti Computing (NASDAQ:RGTI) Rigetti Computing claims to be a pioneer in full-stack quantum computing. The company serves global enterprise, government, and research customers via its Rigetti Quantum Cloud Services platform. RGTI has secured key government-funded projects in the U.S. and the UK to advance its technology. While Rigetti Computing stock has surged 54% over the past month, it is down 8.1% on a year-to-date basis. Notably, Rigetti Computing delivered disappointing top-line for the first quarter, with revenue plunging 52% year-over-year to $1.5 million. While the company swung to a profit in Q1 2025 from a loss in the prior-year quarter, it was due to non-cash gains from the change in fair value of derivative warrants and earn-out liabilities. Nonetheless, management is confident about the road ahead, supported by nearly $238 million in cash, cash equivalents, and available-for-sale investments after a recent strategic investment from Quanta Computer. What Is the Price Target for RGTI Stock? Recently, Benchmark's Williams reiterated a Buy rating on Rigetti Computing stock with a price target of $14. The 5-star analyst said that he remains confident about RGTI's technology roadmap and its consistent advancement toward meeting 'internal fidelity goals.' He believes that RGTI's superconducting methodology and modular architecture give it an edge in solving the scalability issue encountered by gate-based systems. Williams contends that although RGTI projects a slower timeline for mass adoption versus its rivals, growing interest in QPU (quantum processing unit) hardware sales offers near-term revenue potential ahead of wider quantum uptake. He is encouraged by consistent execution across every element of the technology platform, with 'fidelity standing as the key remaining obstacle to realizing quantum advantage.' Despite RGTI's cautious outlook, Williams believes that the company is strategically positioned with a compelling architecture, significant IP moat, and strong balance sheet to support its initiatives. RGTI stock price target of $15 implies about 7% upside potential from current levels. D-Wave Quantum (NYSE:QBTS) D-Wave Quantum Inc. claims to be the only company in the world that is building both annealing and gate-model quantum computers, with a focus on unlocking commercial use cases in optimization. The company recently reported impressive first-quarter results, delivering a 509% year-over-year jump in revenue to $15 million. CEO Dr. Alan Baratz stated that Q1 2025 was 'arguably the most significant in D-Wave's history.' Notably, the company recognized revenue on the sale of its first Advantage system to a major research institution in the quarter and became the first company to demonstrate quantum supremacy over classical computing on a real-world problem. QBTS stock also rallied earlier this week when the company announced that its sixth-generation Advantage2 system can be accessed via its Leap cloud platform. Overall, D-Wave Quantum stock has skyrocketed about 124% so far in 2025. Is QBTS Stock a Buy, Sell, or Hold? On May 21, B. Riley analyst Craig Ellis reiterated a Buy rating on D-Wave Quantum stock. Following the announcement related to the general availability of the company's Advantage2 quantum computer, the 5-star analyst noted that the sixth-gen machine's availability impresses with expected timing and shows solid gains in qubit connectivity to 20-way action to enable more complex problems, a 40% rise in energy scale and 75% reduction in noise for higher quality complex calculation solutions, and a 2x coherence boost for faster time to solution. He contended that while QBTS Bears point out that some of the information in the announcement was not entirely new, Bulls think that the update shows that the company is executing on its product roadmap, progressing deeper into the commercialization zone. Overall, Wall Street has a Strong Buy consensus rating on D-Wave Quantum stock based on six unanimous Buys. The average QBTS stock price target of $13 implies a possible downside of about 31%. Conclusion Wall Street is highly bullish on all three quantum computing stocks discussed here, as reflected in the Strong Buy rating. However, following the solid year-to-date rally, they see downside risk in IONQ and QBTS stocks. Meanwhile, RGTI stock scores unanimous Buys from all the analysts covering the stock, who are looking beyond the decline in Q1 revenue and are confident about the company's growth potential. They see the year-to-date pullback in RGTI stock as a buying opportunity. Nonetheless, investors should be aware of the high risk and volatility associated with quantum computing stocks before investing in them.
Yahoo
23-05-2025
- Automotive
- Yahoo
IonQ Partners with Sweden's Einride to Develop Quantum Supply Chain and Quantum-Enhanced Logistics for Autonomous Driving Solutions
IonQ and Einride will collaborate to develop quantum solutions for fleet routing, logistics optimization, and supply chain solutions IonQ's investment will grow its European presence and reinforce commitment to building a quantum economy in Sweden and the European market COLLEGE PARK, Md., May 20, 2025--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced an investment partnership with Einride, a leading global freight mobility company that provides digital, electric, and autonomous technology to explore how quantum computing can drive the next generation of fleet optimization and logistics. Together, IonQ and Einride will develop quantum applications that address large-scale routing and scheduling problems that have traditionally challenged classical computing. By combining IonQ's advanced quantum systems with Einride's expertise in autonomous fleet logistics, the two companies will work to unlock new levels of efficiency, reliability, and sustainability for the global freight industry. "Einride shares our belief that quantum computing will fundamentally reshape and improve how large industries such as transportation and logistics operate," said Niccolo de Masi, CEO of IonQ. "This partnership is aimed at creating a powerful platform with unique insights into real-world quantum advantage in a sizable market. Our investment and collaboration with Einride reinforces our commitment to building a quantum-ready economy across Europe." As Einride scales its autonomous and electric fleet operations worldwide, routing and fleet management challenges grow exponentially more complex, creating optimization challenges that are increasingly difficult for classical computers to address. Quantum computing offers a new path forward by improving the efficiency and optimization of logistics and routing operations, all while reducing costs and improving speed to solution. "At Einride, we are committed to transforming freight mobility, and we see quantum computing as a key enabler of that vision," said Robert Falck, Founder and CEO of Einride. "Through our work with IonQ, we are laying the foundation for a future where logistics networks are smarter, cleaner, and far more efficient for customers around the world." Today's announcement builds on IonQ's quantum application progress with Airbus on cargo loading optimization and Thompson Machinery on predictive maintenance, among others. The partnership also heralds IonQ's continued expansion into Sweden and the European market, following its recent collaboration with AstraZeneca to establish a new quantum application development center in Sweden. Earlier this year, IonQ established its first European Innovation Center at QuantumBasel in Switzerland and the company completed its acquisition of Switzerland-based IDQ. Globally, IonQ recently signed an MOU with Intellian in South Korea and agreements with Toyota Tsusho and AIST's G-QuAT in Japan. With data centers now in the Washington, D.C., Seattle, and Basel, Switzerland areas, IonQ has firmly established a global data center footprint, reinforcing its position as a leader in quantum technology. Today's announcement also reflects IonQ's growing momentum in building quantum ecosystems that drive real-world value across industries including transportation, logistics, manufacturing, and energy. For more information about IonQ's quantum computing solutions, please visit About IonQ IonQ, Inc. is the leader in the quantum computing and networking industries, delivering high-performance systems aimed at solving the world's largest and most complex commercial and research use cases. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at About Einride Einride designs, develops and deploys freight mobility technologies to accelerate the transition to sustainable transportation. Its platform includes connected electric and autonomous heavy-duty vehicles, charging infrastructure and an intelligent freight operating system. Founded in 2016, Einride became the world's first company to operate an autonomous, electric vehicle on a public road in 2019. Today, Einride operates one of the largest fleets of heavy-duty electric trucks servicing Global Fortune 500 companies across eight markets. For more information, please visit IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words "will," "believe," "belief," "aim," "aiming," "creating," "building," "vision," "laying the foundation," "path forward," "continued expansion," "growing momentum," and other similar expressions are intended to identify forward-looking statements. These statements include those related to the intended collaboration between IonQ and Einride, IonQ's expansion and creation of quantum-based economies in Europe; IonQ's quantum computing capabilities and plans; IonQ's technology improving operations in the freight, transportation and logistics industries, thereby driving commercial quantum advantage; the relevance and utility of quantum algorithms and applications run on IonQ's quantum computers; the necessity, effectiveness, and future impacts of IonQ's offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's ability to deliver higher speed and fidelity gates with fewer errors, enhance information transfer and network accuracy, or reduce noise and errors; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; IonQ's inability to attract and retain key personnel; the inability of IonQ's suppliers to deliver components that meet expectations timely; and IonQ's ability to maintain or obtain patent protection for its products and technology in relevant territories. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the "Risk Factors" section of IonQ's most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future. View source version on Contacts IonQ Media contact: Jane Mazurpress@ IonQ Investor Contact: investors@
Yahoo
23-05-2025
- Business
- Yahoo
Why Quantum Computing Stock Skyrocketed This Week
Positive news from several other quantum companies boosted stocks around the quantum space. This comes just a week after the company revealed a profitable quarter. Quantum computing technology is still in its infancy and likely many years from real commercial viability. 10 stocks we like better than Quantum Computing › Shares of Quantum Computing (NASDAQ: QUBT) soared higher this week. The company's stock jumped 7.3% as of 1:09 p.m. ET on Friday, but gained as much as 9.8% earlier in the week. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) lost 2.5% and the Nasdaq-100 lost 2.2%. A string of positive news from other quantum companies boosted the company's stock. This comes on the heels of the company's earnings release late last week that showed a profitable quarter. Given that the technology is in its infancy, investors have, by and large, been rewarding all quantum stocks when there is positive news from any one company. Early this week, fellow quantum computing company D-Wave announced its newest and most advanced computer, Advantage2, was available for use via the cloud. Then, on Thursday, IonQ CEO Niccolo de Masi told Barron's that he sees his company as the "Nvidia" of quantum, saying quantum companies are "in the business of quantum just like Nvidia and Broadcom are in the business of classical GPUs," adding, "I believe IonQ will be the Nvidia player." While it's not unusual for CEOs to make bold claims, the comparison was a compelling one, leading to a rally across the sector. While there are positive developments here, quantum computing is many years away from real viability in commercial applications. It will be a long time before any company can produce a solution that is robust, powerful, and stable enough to generate a return on investment. Quantum Computing's technology shows promise, but it is too early to tell which approach and companies will succeed. If you have a particularly high risk tolerance and the ability to wait a decade or more for your investment to pay off, Quantum Computing is a solid addition to your portfolio, but you should look to spread your quantum investment around to many companies in the space. Before you buy stock in Quantum Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Quantum Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor's total average return is 963% — a market-crushing outperformance compared to 168% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why Quantum Computing Stock Skyrocketed This Week was originally published by The Motley Fool Sign in to access your portfolio
