IonQ is a quantum hardware company that is popping off rn mostly because it has recently secured a major $54.5M Air Force deal ([source](https://ionq.com/news/ionq-announces-largest-2024-u-s-quantum-contract-award-of-usd54-5m-with)). Also, wtih Trump coming in, he is expected to be more open to quantum for defense compared to the Biden administration, who was pretty hands off. On top of that, IonQ recently integrated with Nvidia’s quantum platform to develop a new chemistry application with quantum computing, opening doors to more real-world use cases ([source](https://ionq.com/news/ionq-to-advance-hybrid-quantum-computing-with-new-chemistry-application-and)). Nvidia has a vision to integrate large servers of GPUs with quantum computers ([source](https://www.nvidia.com/en-us/solutions/quantum-computing/)).
Its up 350% in the last three months now valued at \~7bil, but with more possible government contracts and quantum use cases, there is much more upside left. Especially because quantum computing is predicted to disrupt cryptography, communication, and machine learning, the US won't want to be left behind.
The quantum boom is just getting started and IonQ is likely to come out on top.
Source: I'm a degenerate gambler getting my PhD in quantum computing
TLDR: IMO 7bil is undervalued for company leading quantum computing with DOD contracts
https://preview.redd.it/c2f1nta72d2e1.png?width=774&format=png&auto=webp&s=3cba2c54b8a60b83b1decc1df0612d4466e8d7a6