IonQ aims to become the Nvidia of quantum computing, generating revenue from quantum systems despite deepening losses. The rise of quantum technology, like AI, has investors eyeing IonQ’s potential as a future winner in the field. With a 1,200% increase in stock price over three years, is it too late to invest in this quantum star?
IonQ, a standout quantum computing player, uses trapped-ion technology instead of superconducting qubits. While losses have increased during development, IonQ’s revenue has also grown. As the company invests heavily in future quantum systems, potential risks and rewards for investors must be considered.
IonQ hopes to expand its offerings in quantum computing to become a full-service provider like Nvidia. Despite current losses, the company sells quantum hardware and networking products, offers consulting services, and makes its quantum computers accessible through major cloud platforms. The long-term success of IonQ depends on further development in the field.

Read more at Yahoo Finance: Is It Too Late to Buy After Its 1,200% Gain?