IonQ experienced a volatile ride after Google's quantum computing breakthrough, remaining a risky buy.
From Nasdaq: 2025-03-27 10:43:00
Quantum computing expert IonQ (NYSE: IONQ) saw a wild ride on Wall Street, with shares soaring from $6.22 to $54.74 before dropping 53% to $25.55. Google’s breakthrough in quantum computing with its Willow chip sparked the frenzy. Nvidia’s CEO’s statement about the slow progress in useful quantum computers cooled down the market. IonQ remains a risky buy in the overheated quantum computing sector.
It’s too early to pick winners in the quantum computing race, especially among smaller players like IonQ, D-Wave, and Quantum Computing. IonQ has shipped systems to customers, but investing in specialist quantum computing stocks is risky. Consider established tech giants like Alphabet and Nvidia before diving into the volatile quantum computing market. Stock Advisor’s top 10 list features potential monster returns, with Nvidia previously yielding $697,245 from a $1,000 investment.
Read more at Nasdaq: Is IonQ a Buy? | Nasdaq
