From Nasdaq: 2025-02-18 15:44:53

IonQ (NYSE: IONQ) stock is down 10.1% due to competition from Chinese quantum computing company, Origin Quantum. Origin’s Wukong machine with 72 qubits is generating excitement, surpassing IonQ’s upcoming 64-qubit machine. IonQ plans to launch a 256-qubit quantum computer. With a $7.2 billion valuation, IonQ faces increased competition from Alphabet and IBM in the quantum computing space. Investors should be aware of the risks and uncertainties in this emerging technology sector. For more investment opportunities, check out the “Double Down” alerts for potential high-growth companies.



Read more at Nasdaq: Why IonQ Stock Is Plummeting Today