Is IonQ Stock a Buy After This 100-Qubit System Sale?

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  • IonQ volition present a 100-qubit quantum strategy to South Korea's nationalist probe center.

  • Game-changing quantum applications necessitate millions of carnal qubits, but IonQ's champion strategy lone has 100.

  • Quantum computing volition make fortunes, but today's highfliers whitethorn not beryllium tomorrow's winners.

  • 10 stocks we similar amended than IonQ ›

Quantum computing specializer IonQ (NYSE: IONQ) conscionable landed a ample strategy sale. The institution volition present a 100-qubit IonQ Tempo strategy to the Korea Institute of Science and Technology Information (KISTI), helping the South Korean probe halfway make hybrid quantum-classical computing methods.

IonQ's property materials didn't specify immoderate fiscal details, and it's unclear precisely erstwhile the top-of-the-line strategy volition beryllium delivered. The KISTI woody is inactive an awesome achievement, but it doesn't animate maine to bargain oregon urge IonQ's stock.

100 qubits sounds impressive, fixed that IonQ's astir almighty strategy successful 2025 lone has 36 qubits. However, 100 carnal qubits inactive can't get overmuch enactment done.

Theoretical probe shows that game-changing quantum computing tasks, specified arsenic breaking encryption oregon simulating molecular interactions, volition necessitate thousands of algorithmic qubits and galore millions of carnal qubit units. The quality is that carnal qubits bash the existent work, but their results thin to beryllium noisy and necessitate a ton of mistake correction. Hence, the fig of qubits disposable to quantum computing algorithms is usually overmuch smaller than the carnal count.

And of course, IonQ's Korean merchantability progressive 100 carnal qubits. After mistake correction, researchers get to experimentation with 64 algorithmic qubits.

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Image source: Getty Images.

IonQ investors person been excessively excited astir the banal successful 2025.

With an $18.3 cardinal marketplace cap, IonQ trades astatine 229 times sales. It makes marketplace darlings similar Palantir Technologies and Strategy look inexpensive by comparison.

Quantum computing whitethorn mint millionaires successful the agelong run, but it's overmuch excessively aboriginal to archer whether their money-making portfolios volition diagnostic immoderate IonQ shares (or Rigetti, oregon D-Wave Quantum, and truthful on).

These are the aboriginal days of a promising but hard and risky business. IonQ's banal is priced for semipermanent perfection, and that's not a tenable concern thesis. With oregon without the occasional 100-qubit strategy sale, IonQ's banal is acold excessively risky, successful my view.

Before you bargain banal successful IonQ, see this:

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