Quantum Computing Potential Investment
This is a news story, published by MSN, that relates primarily to quantum news.
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IonQ stockThe Motley Fool
•Is IonQ Stock a Buy?
82% Informative
IonQ ( NYSE : IONQ) is one of the companies focused on building quantum computers.
The technology uses subatomic particles to perform multiple calculations simultaneously instead of the slower, sequential processing of traditional computers.
IonQ 's share price recently shot up 21% on news that the company was awarded a $54.5 million contract with the U.S. Air Force Research Lab .
Q2 total liabilities were $54.2 million , and $13.8 million of that was unearned revenue.
Some estimates suggest the quantum computing market will not reach maturity until after 2040 .
While the company's trajectory is encouraging, IonQ stock is still speculative at this stage, making it suitable only for investors with a high risk tolerance.
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