IonQ doubles down on becoming the Nvidia of quantum

[Red Builder]

IonQ posted strong earnings and once again compared itself to Nvidia during discussions about the future of quantum computing. Revenue growth beat expectations and the company raised guidance while promoting major commercial deals and hardware expansion plans.

Despite the strong results, the stock still dropped after earnings because expectations had become extreme. That says a lot about the current state of quantum investing where even excellent numbers are not enough unless they look revolutionary.

https://www.barrons.com/articles/ionq-earnings-stock-price-a374f8b8

https://www.barrons.com/articles/ionq-earnings-stock-price-a374f8b8

[Kev94]

Every company wants to call itself the Nvidia of something