Updated
Updated · The Motley Fool · Jun 19
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.

Insights

IonQ leads in revenue, but with new government funding, is rival Rigetti now the smarter long-term quantum bet?
In the quantum race, what truly matters more: IonQ's near-perfect accuracy or the raw speed of competing technologies?
With tech giants like IBM and Google advancing, can any pure-play quantum startup actually win the race to commercial scale?