Shares of IonQ (IONQ) surged by 13% after reports that the White House is interested in investing in quantum computing companies, offering at least $10 million in federal grants in exchange for equity. This move signifies a national priority for quantum computing and could attract more institutional capital to IonQ. Despite recent statements from the Trump administration denying negotiations with quantum tech firms, options data suggests that IonQ shares could continue to rise, with analysts maintaining a “Moderate Buy” rating and price targets reaching up to $100.

Read more at Barchart: As Trump Lifts IonQ, Barchart Options Data Tells us IONQ Stock Could Be Headed Here Next