Investors are frantically chasing, and U.S. stocks of &#34;quantum meme stocks&#34; have collectively surged, with the leader IonQ boldly claiming it aims to become the &#34;quantum Nvidia.&#34;
On May 22, U.S. quantum computing stocks exploded collectively, with the leading stock IonQ's price soaring nearly 37%, D-Wave Quantum climbing 24%, Rigetti Computing rising 26%, and Quantum Computing also increasing by over 14%.
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According to reports, the direct trigger for this collective surge in quantum computing stocks was a bold statement made by IonQ CEO Niccolo de Masi:
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“ I believe IonQ will become the Nvidia of quantum computing.”
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Additionally, Morgan Stanley expressed a positive outlook on the entire industry's prospects in its latest research report.
<h2>IonQ Ambitiously Aims to Become &#34;Quantum Nvidia&#34;</h2>
IonQ CEO Niccolo de Masi stated, &#34;Our position in the quantum field is akin to that of Nvidia and Broadcom in the GPU field.&#34;
He further emphasized, &#34; I believe IonQ will become the Nvidia of quantum computing. There will be others who replicate and follow us; they have always been replicating and following us.&#34;
De Masi added, &#34;We feel good about our competitive positioning because, ultimately, we are working to drive the development of the entire ecosystem.&#34;
Earlier this month, IonQ announced its first-quarter financial report showing revenue of $7.6 million, slightly above analysts' expectations of $7.5 million; net loss was $32.3 million, narrowing from $39.6 million in the same period last year.
Wallstreetcn previously mentioned that IonQ's business model currently relies on two main sources of revenue: direct sales of quantum hardware and subscription-based quantum cloud services. In the first-quarter report, IonQ's management projected full-year revenue between $75 million and $95 million, while still not mentioning a timeline for profitability.
<h2>Government Support and Industry Outlook Significantly Boost Investor Confidence</h2>
JP Morgan analyst Samik Chatterjee recently released an in-depth report on quantum computing. Although he has not yet covered specific quantum computing stocks, he holds a positive outlook on the entire industry's prospects.
Chatterjee stated in the report that quantum computing is expected to benefit from substantial investments, with global public investment projected to reach $45 billion by 2025. Chatterjee emphasized:
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&#34;Governments around the world not only view quantum technology as a key area for innovation but are also investing significant resources to accelerate its development. This government commitment provides a strong signal to businesses and investors that quantum technology is likely to become a cornerstone of future technological advancement and economic growth.&#34;
In addition, investors are also waiting to see if the U.S. Congress will pass the National Quantum Initiative Authorization Act, which will provide funding support for quantum computing companies and their potential customers.
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It is understood that the original National Quantum Initiative Act was passed during Trump's first term in 2018 and expired in September 2023

IONQ

Leading stock IonQ's share price soared nearly 37%. IonQ CEO Niccolo de Masi stated that IonQ's position in the quantum field is akin to that of NVIDIA and Broadcom in the GPU field. JP Morgan's research report indicates that quantum computing is expected to benefit from substantial investments, with global public investment projected to reach $45 billion by 2025

- Quantum computing stocks surged on May 22, with IonQ's shares rising nearly 37% following CEO Niccolo de Masi's ambitious statement about becoming the "Nvidia of quantum computing."  
- Morgan Stanley expressed a positive outlook for the industry, highlighting significant government investments expected to reach $45 billion by 2025.  
- The upcoming National Quantum Initiative reauthorization bill may further boost investor confidence by providing funding support for quantum computing companies.

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IonQ

Quantum

The leader IonQ boldly claims to become the "quantum NVIDIA," as US stocks of "quantum meme stocks" surge across the board