Quantum Computing Stocks Collapse: Here's Why
Quantum computing was one of the hot trends of the past few months as stocks have doubled or more following Alphabet's (NASDAQ: GOOG) Willow announcement. Investors looking for any way to play the quantum computing space have pushed microcap stocks into the stratosphere.
Although quantum computing stocks may appear as deep-value prospects, investors should carefully assess the underlying data.
Wave fell sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.
Despite its less-than-stellar start, IonQ (IONQ -39.00%) stock ended 2024 on a high note: It closed 237% above its 2023 closing price, according to data from S&P Global Market Int ...
IonQ expects strong 2024 results and aims to lead in quantum AI and networking, with a focus on continued growth and innovation.
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