Updated
Updated · The Motley Fool · Jun 22
Motley Fool Backs 3 Quantum Stocks Over SpaceX as IonQ Revenue Jumps 755%
Updated
Updated · The Motley Fool · Jun 22

Motley Fool Backs 3 Quantum Stocks Over SpaceX as IonQ Revenue Jumps 755%

3 articles · Updated · The Motley Fool · Jun 22

Summary

  • Three stocks—IonQ, D-Wave Quantum and Nvidia—were singled out as better buys than SpaceX, on the view that quantum computing could become commercially viable by 2030.
  • IonQ led the case with Q1 revenue surging 755% to $65 million, supported by demand for its trapped-ion systems and what the report called industry-leading accuracy.
  • D-Wave was pitched as a higher-risk option with nearer-term commercial traction, after two quantum computer orders worth about $20 million and continued work on a general-purpose machine.
  • Nvidia made the list not as a quantum chipmaker but as the infrastructure supplier, extending NVLink into NVQLink and adding quantum functions to CUDA-Q to tie future quantum systems to its ecosystem.

Insights

As quantum computing matures, will the ultimate winner be a hardware maker like IonQ or an ecosystem builder like Nvidia?
Two quantum firms are racing ahead with radically different technologies. Which one is building the future and which is a dead end?
With a quantum computer now 3,000 times faster, is the industry’s trillion-dollar promise finally becoming a reality?