Reported 4 days ago
IonQ Inc. experienced a significant stock price increase of 26.16% last week, rising from $20.68 to $26.09, driven by its selection as one of 15 companies by the Department of Defense to explore the development of a utility-scale quantum computer. This initiative aims to advance quantum computing technology and could lead to a transformative, fault-tolerant quantum computer in under a decade. Despite this impressive growth, the article suggests that AI stocks may offer better long-term returns.
Source: YAHOO