Is Quantum Computing Stock IonQ a Good Long-Term Investment?
Artificial intelligence has proven revolutionary, but quantum computers hold the promise of elevating the computing industry to unprecedented heights, thanks to the power of quantum mechanics. This makes companies working on the tech compelling investments.One of the prominent pure-play quantum companies is IonQ (NYSE: IONQ). It's pursuing the use of particles called ions to operate its quantum machines. This is a newer technology compared to the tried-and-true technique of superconducting qubits employed by rivals such as Rigetti Computing.IonQ's novel approach is just the start. It's aiming "to build the next generation of the Internet," according to the company's chairman and former CEO, Peter Chapman. But industry estimates indicate it will likely take years for quantum devices to evolve enough to replace today's computers.Continue reading
Artificial intelligence has proven revolutionary, but quantum computers hold the promise of elevating the computing industry to unprecedented heights, thanks to the power of quantum mechanics. This makes companies working on the tech compelling investments.
One of the prominent pure-play quantum companies is IonQ (NYSE: IONQ). It's pursuing the use of particles called ions to operate its quantum machines. This is a newer technology compared to the tried-and-true technique of superconducting qubits employed by rivals such as Rigetti Computing.
IonQ's novel approach is just the start. It's aiming "to build the next generation of the Internet," according to the company's chairman and former CEO, Peter Chapman. But industry estimates indicate it will likely take years for quantum devices to evolve enough to replace today's computers.
