Is Quantum Computing Stock IonQ Headed to $60? History Offers a Clear Warning About What Could Happen Next

Over the last three years, growth investors have flocked to virtually anything that touches the mere idea of artificial intelligence (AI). Some of the biggest beneficiaries to date of the AI revolution can be found in such sectors as semiconductors, enterprise software, and sustainable energy.In the past year, however, a new pillar fueling the AI movement has steadily come into focus: quantum computing. Unlike classical computing -- which relies on binary bits -- quantum systems use qubits, which are capable of existing in multiple states at the same time through a property known as superposition. In theory, quantum AI can evaluate sophisticated computations with faster speed and efficiency compared to today's computing standards.One company that's emerged as a perceived leader in the space is IonQ (NYSE: IONQ), which uses trapped-ion technology to power its quantum architecture. With shares surging nearly 300% over the last 12 months, IonQ is fast approaching a share price of $60.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool