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IonQ poised for growth in Quantum Computing Industry
$IONQ Inc.(IONQ)$ This article discusses the recent developments of IonQ, an early-stage quantum computing company that I've been following and investing since 2021. For those of you who have no idea what Quantum Computing (QC) is about or how IonQ is uniquely positioned to grow in this nascent industry, I've also included a summary at the latter part of this article that will hopefully help point you in the right direction to DYODD. Ok here goes... Yesterday (22 June 2023), there were 3 press releases announced. #1 - IonQ's highest grade QC (29AQ Forte) is now commercially available to customers worldwide. IonQ offers access to their quantum computers via Quantum-Computing-as-a-Service (QCaaS) on AWS, Azure, Google Cloud as well a
Please do more DD for $Quantum Computing Inc.(QUBT)$. It originally was a beverage company that was bought over and renamed. The revenue was palpable and product offering kept shifting every year. Dilution as well. The team is hardly credible. I’ve been investing in this sector for the past 3 years and this is the one company to avoid.
@GehlotSunny:$D-Wave Systems Inc.(QBTS)$ $Quantum Computing Inc.(QUBT)$ $IONQ Inc.(IONQ)$ Disclaimer: Investing in stocks, especially in a rapidly evolving field like quantum computing, involves significant risk. It's crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. That said, here are a few companies that are considered strong contenders in the quantum computing space, and their respective stocks could potentially offer significant growth: IonQ (IONQ): Known for its trapped-ion quantum computing technology. Has partnerships with major tech giants like Amazon, Microsoft, and Google. Focuses on practical app
Replying to @DeltaDrift:Number of qubits is just one factor. Research quantum volume, logical qubits and algorithmic qubits. //@DeltaDrift:I get your point, but I think it’s still down to the number of Qubits that determines the computing power. And at current stage, all these computing power is used to enhance the quantum computer itself. As I’ve mention, IONQ is seeking for commercialize, while other two big corporation could risk creating something with a larger scale.//@fibance:$IONQ Inc.(IONQ)$$IBM(IBM)$ Not all qubits are created equal.
$IONQ Inc.(IONQ)$$IBM(IBM)$ Not all qubits are created equal. Ionq uses ion trap technologies while IBM (and Google) uses superconducting qubits. Superconducting qubits are faster but they produce a lot of errors because they are manufactured. They also require near 0-kelvin refrigeration to operate. Ion traps on the other hand are slower but has higher fidelity and can operate at room temperature. The connectivity between qubits is all-to-all which means certain operations are simpler. Comparing simply by quantity is like saying 100 bicycles is better than 1 Lambo
$NIO Inc.(NIO)$l'd expect some wild swings
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$IONQ Inc.(IONQ)$When is the next earnings call I wonder?
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$IONQ Inc.(IONQ)$ Looking to re-enter $10-$15
The business fundamentals haven’t changed. It’s people’s perception of them that has changed. That’s why investment is hard because your emotions get in the way of rational decisions.
@赛亚老人:$IFAST CORPORATION LTD.(AIY.SI)$ Fellow folks, dont fall for the fear trap by the bigboys. They want u to sell, so they can accumulate cheap and push it up again. One recent example is many panic sell on Netflix and Pershing Square fund bought up 3mil shares on the dip. Dont fall for the same trick again.
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