IonQ demonstrates real-time error correction in quantum-computing milestone

  • IonQ demonstrated real-time error correction for quantum-computing systems.
  • IonQ shares fell 2.97% to $41.27 in Thursday premarket trading.
  • Steve Grasso and Lee Munson offered differing approaches to quantum-stock exposure.

IonQ demonstrated real-time error correction, drawing renewed attention to quantum computing’s prospects for commercial use. CNBC’s Fast Money trader Steve Grasso said the capability addresses a central industry challenge because systems can identify and correct errors without slowing operations. He said IonQ currently stands apart from competitors on this point, while cautioning that quantum companies continue to consume substantial cash. Grasso expects practical quantum computing could arrive sooner than investors previously thought and prefers a diversified basket of quantum stocks. Lee Munson, President and CIO of Portfolio Wealth Advisors, called IonQ a venture-capital-style investment in a public company and a direct but higher-risk way to gain quantum exposure. He distinguished IonQ from D-Wave Quantum because their approaches differ, while identifying IBM and Alphabet’s Google as more established alternatives for investors prioritizing cash flow. IonQ shares fell 2.97% to $41.27 in premarket trading on Thursday, according to Benzinga Pro data.

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IonQ demonstrates real-time error correction in quantum-computing milestone - CoinPost Terminal