Motley Fool Picks IonQ Over Rigetti After 755% Revenue Jump to $65 Million
Updated
Updated · The Motley Fool · Jun 19
Motley Fool Picks IonQ Over Rigetti After 755% Revenue Jump to $65 Million
2 articles · Updated · The Motley Fool · Jun 19
Summary
IonQ got the nod over Rigetti as the stronger quantum-computing stock, with the report citing both superior technology metrics and a much stronger commercial showing.
99.99% 2-qubit gate fidelity and a planned 256-qubit system gave IonQ an edge over Rigetti’s 108-qubit machine, whose median 2-qubit gate fidelity was 99.1%, implying higher error rates.
$65 million in Q1 revenue—up 755% year over year—far outpaced Rigetti’s $4.4 million, which rose from $1.47 million a year earlier, reinforcing the view that customers and partners favor IonQ.
2030 is still widely seen as the point when quantum computing may become commercially viable, so the report said leadership could still shift and suggested diversified exposure because pure-play stocks remain high risk.