Is IonQ Stock a No-Brainer Buy? Here's What History Says.
Innovation will be the key to whether a start-up like IonQ can emerge as a quantum computing industry leader.
Overview
In many respects, IonQ (NYSE: IONQ) looks like an intriguing investment. The potential for growth in the quantum computing industry naturally draws a lot of interest, and the company's approach to the technology holds the potential to define the industry.
There are numerous companies attempting to develop quantum computers, and they're using an array of disparate technologies to create the qubits (quantum bits) that sit at the heart of all such systems.
Details
IonQ uses trapped-ion technology, meaning every qubit is created using a single charged ytterbium atom, held tightly in place using electromagnetic forces and manipulated using lasers. Those ions can be held in a stable quantum state for a relatively long period, so that approach seems to have given IonQ an advantage over other platforms.
Source
Originally published at www.fool.com.