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Quantum Computing Giant IonQ Is Down More Than 60% From its All-Time High. Should You Buy The Dip?
Quantum computing investing took off toward the end of 2024 with some major breakthrough announcements. This caused many stocks to double or triple in price nearly overnight, but that investing trend has fizzled out lately alongside the marketwide sell-off.Some of the biggest names in quantum computing, like IonQ (NYSE: IONQ), are down over 60% from their all-time highs, which may lead investors to wonder if right now is a prime opportunity to scoop these industry leaders up for cheap. Quantum computing has the potential to drastically change how powerful computers are. While traditional computing has given us incredible results, like generative AI models, quantum computing can do much more with a single chip compared to millions of traditional computing chips.Continue reading
Quantum computing investing took off toward the end of 2024 with some major breakthrough announcements. This caused many stocks to double or triple in price nearly overnight, but that investing trend has fizzled out lately alongside the marketwide sell-off.
Some of the biggest names in quantum computing, like IonQ (NYSE: IONQ), are down over 60% from their all-time highs, which may lead investors to wonder if right now is a prime opportunity to scoop these industry leaders up for cheap.
Quantum computing has the potential to drastically change how powerful computers are. While traditional computing has given us incredible results, like generative AI models, quantum computing can do much more with a single chip compared to millions of traditional computing chips.
