Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why IonQ Stock Is Soaring This Week

TheMotleyFool

0 0

Shares of IonQ (NYSE: IONQ) are surging this week. The company's stock had gained 25% over the week as I write this. The strong performance easily outpaced the S 500's most chaotic week in years.

A major quantum computing initiative from the Pentagon helped drive the stock higher.

Late last week the U.S. military's Defense Advanced Research Projects Agency (DARPA) announced it had selected 15 companies for its ambitious quantum computing program. The initiative will explore whether it's possible to build a "useful" quantum computer that "can achieve utility-scale operation -- meaning its computational value exceeds its cost" by 2033.

Source Fool.com