Could IonQ Stock Help You Retire a Millionaire?
The hot field of artificial intelligence (AI) helped the stock market reach new highs in 2024. Quantum computing is another emerging technology with the potential to do the same.Quantum machines can revolutionize industries because they're far more powerful than today's computers. For example, Google parent Alphabet's new quantum chip completed a calculation in five minutes that would take a supercomputer 10 septillion years to complete. That's more than the age of the universe.Alphabet is just one of several companies involved in quantum computing. A prominent pure-play quantum company to consider investing in is IonQ (NYSE: IONQ). Its share price increased 265% over the past 12 months.Continue reading
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The hot field of artificial intelligence (AI) helped the stock market reach new highs in 2024. Quantum computing is another emerging technology with the potential to do the same.
Quantum machines can revolutionize industries because they're far more powerful than today's computers. For example, Google parent Alphabet's new quantum chip completed a calculation in five minutes that would take a supercomputer 10 septillion years to complete. That's more than the age of the universe.
Alphabet is just one of several companies involved in quantum computing. A prominent pure-play quantum company to consider investing in is IonQ (NYSE: IONQ). Its share price increased 265% over the past 12 months.