Where Will IonQ Be in 1 Year?
Quantum computing has captured the attention of investors. The hope is that quantum computing will far outpace the capabilities of today's supercomputers, allowing for new developments in climate modeling, artificial intelligence, materials science, and elsewhere.The potential transformation across many industries could also be lucrative. McKinsey estimates that revenue from this technology segment could be worth trillions of dollars over the next decade. And one such company that's already benefiting from a surge in investor interest for quantum computing is IonQ (NYSE: IONQ), with its share price skyrocketing 127% over the past 12 months (as of this writing).But what's happening with IonQ right now that's fueling this interest, and where could the quantum computing stock be one year from now? Here's where I think the company is headed.Continue reading
Quantum computing has captured the attention of investors. The hope is that quantum computing will far outpace the capabilities of today's supercomputers, allowing for new developments in climate modeling, artificial intelligence, materials science, and elsewhere.
The potential transformation across many industries could also be lucrative. McKinsey estimates that revenue from this technology segment could be worth trillions of dollars over the next decade. And one such company that's already benefiting from a surge in investor interest for quantum computing is IonQ (NYSE: IONQ), with its share price skyrocketing 127% over the past 12 months (as of this writing).
But what's happening with IonQ right now that's fueling this interest, and where could the quantum computing stock be one year from now? Here's where I think the company is headed.
