Trapped-ion quantum computing leader IonQ (NYSE: IONQ) is emerging as a potential leader in the commercialization of quantum computing through its trapped-ion technology approach. Unlike traditional superconducting quantum competitors,

Though investors saw this as disappointing, there is some reassuring news. Quantum computing is progressing, meaning these companies will likely report accomplishments and milestones in the months and years to come -- and these represent catalysts for quantum computer stocks to climb.

Rigetti (RGTI) is dropping 23%, while IonQ (IONQ) is giving back 10% and D-Wave Quantum (QBTS), which disclosed today that it may sell more shares of its stock, is plunging nearly 30%. The sector is dropping sharply again after Meta (META) CEO Mark Zuckerberg suggested that quantum computing would not be “practical” for a long time.

This is precisely what happened with quantum computing stocks in late 2024. Stocks like Rigetti (NASDAQ: RGTI), Quantum Computing (NASDAQ: QUBT), and IonQ (NYSE: IONQ) have shot up hundreds of percentage points in the last six months,

Quantum computing has suddenly become a buzzword on Wall Street. Ever since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported that it hit a new milestone with Willow, its new quantum chip, quantum stocks have been soaring.

At the CES 2025, Nvidia CEO Jensen Huang claimed useful Quantum Computing was at least 15 years away. This caused the stock prices of many quantum computing stocks to crash considerably.