IonQ is a top competitor in the quantum computing race, focusing on a trapped-ion approach rather than superconducting like its peers. It has short-term success and key partnerships, like with the Air Force Research Laboratory, to secure funding. IonQ’s unique approach enables better qubit connectivity and temperature management, setting it apart in the industry.
While IonQ’s approach could lead to significant returns, a $1 trillion valuation may be a stretch. Quantum computing presents an $87 billion market opportunity by 2035, but success is not guaranteed. Investors should diversify and keep IonQ investments small. The potential for 100x returns is unlikely, but IonQ remains a worthwhile investment in quantum computing.
Read more at Yahoo Finance: Is IonQ a Millionaire-Maker Stock?