Overview
- IonQ's stock surged over 35% on May 22, 2025, reaching approximately $45 and turning positive for the year.
- CEO Niccolo de Masi declared IonQ aims to be the 'Nvidia of quantum,' reflecting ambitions to dominate the emerging quantum computing market.
- Other quantum computing stocks followed suit, with Rigetti up 26%, D-Wave up 23%, and Quantum Computing Inc. rising 15%.
- IonQ has expanded globally through acquisitions and partnerships, including ID Quantique, Capella, and Einride, as it builds a comprehensive quantum ecosystem.
- JPMorgan projects $45 billion in global public quantum computing investments in 2025, bolstering industry growth prospects as the National Quantum Initiative Reauthorization Act awaits congressional approval.