<h2>关键要点</h2>
<ul>
<li>在去年某些时刻，量子计算股票 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.的过去 12 个月收益高达 6200%！</li>
<li>投资者对量子计算的巨大可寻址市场和投资潜力产生了浓厚的兴趣。</li>
<li>然而，量子计算公司不得不通过稀释性股票发行来充实资金，以便扩大运营规模。</li>
<li>我们更看好的 10 只股票 ›</li>
</ul>
<p>尽管人工智能（AI）是华尔街近年来最热门的趋势，但它在 2025 年被另一项技术创新——量子计算所取代，后者使一小部分股票飙升至天际。</p>
<p>在去年某些时刻，纯量子计算股票 <strong>IonQ</strong>（NYSE: IONQ）、<strong>Rigetti Computing</strong>（NASDAQ: RGTI）、<strong>D-Wave Quantum</strong>（NYSE: QBTS）和 <strong>Quantum Computing Inc.</strong>（NASDAQ: QUBT）的股价在过去 12 个月内上涨了 6200%。那些有运气和远见投资于这些早期企业的投资者在一年内（或更短时间内）获得了潜在改变人生的收益！</p>
<p>虽然量子计算股票让投资者感到兴奋，但它们也无意中突显了下一项重大技术投资所固有的风险。去年，这些纯量子股票给华尔街带来了 41.5 亿美元的现实警示。一个至关重要的问题是：投资者是否在关注？</p>
<p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/r2b84LwyG9NfvQv72ZzJ6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://media.zenfs.com/en/motleyfool.com/6de968ef73c286bb608a2973fe6f4a7f?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/r2b84LwyG9NfvQv72ZzJ6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://media.zenfs.com/en/motleyfool.com/6de968ef73c286bb608a2973fe6f4a7f"/></p>
<p>图片来源：Getty Images。</p>
<h2>量子计算股票在 2025 年火热——这有充分理由</h2>
<p>不必过于技术化，量子计算依赖于专用计算机进行快速、常常是同时的计算，以帮助解决经典计算机无法处理的复杂问题。</p>
<p>2025 年纯量子计算股票的飙升部分原因在于该技术的实际应用案例。特别是，量子计算机可以加速 AI 算法的学习曲线，可能使大型语言模型在更快的速度下变得更加有用。</p>
<p>此外，量子计算机还可以用于运行分子相互作用模拟，以确定开发新疗法或优化临床药物试验成功的最佳行动方案。</p>
<p> 量子计算 1 年回报 🤯$RGTI +6,217% $QBTS +3,912%$QUBT +2,798%$IONQ +670% pic.twitter.com/tzSN5ZqVjj

 -- Connor Bates (@ConnorJBates_) 2025 年 10 月 13 日</p>
<p>尽管可寻址市场的估计差异很大，这在早期技术创新中是可以预期的，但波士顿咨询集团的分析师预计，到 2040 年，量子计算将为全球经济增加 4500 亿至 8500 亿美元的价值。在线出版物《量子内幕》甚至更为乐观，预计到 2035 年创造 1 万亿美元的经济价值。如果这些估计中的任何一个接近实际情况，将会导致一长串受益者，显然也会让一些投资者非常高兴。</p>
<p>谈到投资，IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.在 2025 年第四季度初飙升，原因是 <strong>摩根大通</strong> 概述了其 1.5 万亿美元的安全与韧性计划。美国最大的银行根据总资产制定了 10 年计划，旨在 “促进、融资和投资于对国家经济安全和韧性至关重要的行业。” 量子计算被摩根大通确定为投资的 27 个子领域之一。</p>
<p>最后，早期的合作和合同帮助推动了纯量子计算股票的显著上涨。例如，<strong>亚马逊</strong> 的量子云服务 Braket 和 <strong>微软</strong> 的 Azure Quantum 服务都允许订阅者访问 IonQ 和 Rigetti 的量子计算机进行模拟和测试其量子硬件。获得 “七大奇迹” 成员作为客户是一个大事件。</p>
<p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/qNaQw.n3iJ034K9CKDIs9g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYzOA--/https://media.zenfs.com/en/motleyfool.com/ea1e0e1490657314b6a38dc483d5b74f?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/qNaQw.n3iJ034K9CKDIs9g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYzOA--/https://media.zenfs.com/en/motleyfool.com/ea1e0e1490657314b6a38dc483d5b74f"/></p>
<p>图片来源：Getty Images。</p>
<h2>量子计算股票给华尔街和投资者带来了巨大的现实警示</h2>
<p>但正如华尔街最流行的免责声明所说，“过去的表现并不能保证未来的结果。”</p>
<p>虽然量子计算股票在 2025 年无疑受益，但它们也给密切关注的投资者发出了警告。</p>
<p>颠覆性技术的一个基础方面是它们需要时间来成熟和发展。无论创新看起来多么令人兴奋，获得采用并让企业优化它都需要时间。过去三十年中，我们见证了每一次技术飞跃的这种情况，包括互联网、3D 打印和区块链技术等。</p>
<p>尽管量子计算是一项突破性技术，但处于这一趋势前沿的纯量子股票仍处于商业化其量子计算机的非常早期阶段。大多数华尔街分析师预计，在量子计算机能够比经典计算机更具成本效益地解决实际问题之前，还需要几年时间。</p>
<p>虽然 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.预计在可预见的未来将实现持续的高双位数或三位数的年销售增长，但这四家公司很可能在未来几年内都将亏损并消耗现金。</p>
<p>由于运营模式尚未得到验证且基本金融服务的获取有限/没有，这四家量子计算高飞企业不得不通过稀释性股票发行来筹集资金。去年，市场或私人股票发行的累计总额分别为：</p>
<ul>
<li>IonQ：20 亿美元</li>
<li>Rigetti Computing：3.5 亿美元</li>
<li>D-Wave Quantum：5.5 亿美元</li>
<li>Quantum Computing Inc.：12.5 亿美元</li>
</ul>
<p>Quantum Computing Inc.的两次独立私募，D-Wave Quantum 的两次发行，Rigetti Computing 的市场发行，以及 IonQ 在十月的股权发行，共同构成了 2025 年量子计算公司发行的 41.5 亿美元股票/认股权证。</p>
<p>这 41.5 亿美元的现实检验提醒我们，量子计算股票在其运营模式得到验证并产生正现金流之前，还有很长的路要走。这也暗示了为了进一步的研发可能会出现额外的基于股份的稀释。</p>
<p>此外，这个令人瞩目的 41.5 亿美元数字展示了 IonQ、Rigetti、D-Wave 和 Quantum Computing Inc.相比于 “七大奇迹” 成员所处的劣势。</p>
<p>例如，微软和 <strong>Alphabet</strong> 拥有多个高盈利的运营部门，两家公司都坐拥可随时动用的巨额现金。微软和 Alphabet 还开发了量子处理单元（微软的 Majorana 1 和 Alphabet 的 Willow）。七大奇迹公司并不害羞于想要在下一个大科技蛋糕中分一杯羹，而量子计算的进入壁垒可能远低于投资者的预期。</p>
<p>持续的基于股份的稀释前景为纯量子计算股票增添了另一层担忧。</p>
<h2>你现在应该购买 IonQ 的股票吗？</h2>
<p>在你购买 IonQ 的股票之前，请考虑以下几点：</p>
<p>_Motley Fool Stock Advisor_分析团队刚刚确定了他们认为现在投资者应该购买的 <strong>10 只最佳股票</strong>……而 IonQ 并不在其中。这 10 只股票有可能在未来几年产生巨额回报。</p>
<p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 474,578 美元</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 1,141,628 美元</strong>！*</p>
<p>现在，值得注意的是，_Stock Advisor_的总平均回报率为 955%——相比之下，标准普尔 500 指数的回报率为 196%，表现出色。<strong>不要错过最新的前 10 名单，_Stock Advisor_提供，并加入一个由个人投资者为个人投资者建立的投资社区。</strong></p>
<p><strong>查看这 10 只股票 »</strong></p>
<p><em>*Stock Advisor 的回报截至 2026 年 1 月 20 日。</em></p>
<p><em>摩根大通是 Motley Fool Money 的广告合作伙伴。Sean Williams 持有 Alphabet 和 Amazon 的股份。Motley Fool 持有并推荐 Alphabet、Amazon、IonQ、摩根大通和微软的股份。Motley Fool 推荐以下选项：长期持有 2026 年 1 月 395 美元的微软看涨期权，以及短期持有 2026 年 1 月 405 美元的微软看涨期权。Motley Fool 有披露政策。</em></p>
<p>量子计算股票 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.为华尔街提供了 41.5 亿美元的现实检验——但投资者在关注吗？最初由 Motley Fool 发布。</p>

2 倍做多 IONQ ETF - Defiance

2 倍做多 IONQ ETF - GraniteShares

QUBX

QUBT

IONQ

QBTS

QPUX

RGTI

量子 ETF - Defiance

QBTX

<p>量子计算股票，包括 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.，在 2025 年实现了高达 6200% 的巨大涨幅，这主要是由于市场对其潜在价值的兴奋。然而，这些公司面临着挑战，包括依赖稀释性股票发行。分析师预测，到 2040-2035 年，量子计算可能为经济增加 4500 亿到 1 万亿美元的价值。尽管存在炒作，但该技术仍处于早期阶段，分析师警告称，量子计算机在实际应用中可能需要数年才能超越经典计算机</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>关键要点</h2>
</div><ul>
<li>At select points last year, trailing 12-month gains for quantum computing stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. reached as much as 6,200%!</li>
<li>Investors have become enamored with the sky-high addressable market and investment potential of quantum computing.</li>
<li>However, quantum computing companies have had to turn to dilutive share offerings to pad their coffers as they ramp up their operations.</li>
<li>10 stocks we like better than IonQ ›</li>
</ul>
<div class="lb-trans"><ul>
<li>在去年某些时刻，量子计算股票 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.的过去 12 个月收益高达 6200%！</li>
<li>投资者对量子计算的巨大可寻址市场和投资潜力产生了浓厚的兴趣。</li>
<li>然而，量子计算公司不得不通过稀释性股票发行来充实资金，以便扩大运营规模。</li>
<li>我们更看好的 10 只股票 ›</li>
</ul>
</div><p>Although artificial intelligence (AI) has been Wall Street's hottest multiyear trend, it took a backseat to another technological innovation -- quantum computing -- that sent a small group of stocks soaring to the heavens in 2025.</p>
<div class="lb-trans"><p>尽管人工智能（AI）是华尔街近年来最热门的趋势，但它在 2025 年被另一项技术创新——量子计算所取代，后者使一小部分股票飙升至天际。</p>
</div><p>At select points last year, shares of pure-play quantum computing stocks <strong>IonQ</strong>(NYSE: IONQ), <strong>Rigetti Computing</strong>(NASDAQ: RGTI), <strong>D-Wave Quantum</strong>(NYSE: QBTS), and <strong>Quantum Computing Inc.</strong>(NASDAQ: QUBT) had rallied by as much as 6,200% on a trailing 12-month basis. Investors who had the luck and foresight to invest in these early stage businesses generated potentially life-altering gains in one year (or less)!</p>
<div class="lb-trans"><p>在去年某些时刻，纯量子计算股票 <strong>IonQ</strong>（NYSE: IONQ）、<strong>Rigetti Computing</strong>（NASDAQ: RGTI）、<strong>D-Wave Quantum</strong>（NYSE: QBTS）和 <strong>Quantum Computing Inc.</strong>（NASDAQ: QUBT）的股价在过去 12 个月内上涨了 6200%。那些有运气和远见投资于这些早期企业的投资者在一年内（或更短时间内）获得了潜在改变人生的收益！</p>
</div><p>While quantum computing stocks have given investors reasons to be excited, they've also inadvertently highlighted the risks inherent in next-big-thing technology investments. Last year, these pure-play stocks served up a $4.15 billion reality check for Wall Street. The all-important question is: Are investors paying attention?</p>
<div class="lb-trans"><p>虽然量子计算股票让投资者感到兴奋，但它们也无意中突显了下一项重大技术投资所固有的风险。去年，这些纯量子股票给华尔街带来了 41.5 亿美元的现实警示。一个至关重要的问题是：投资者是否在关注？</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/r2b84LwyG9NfvQv72ZzJ6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://media.zenfs.com/en/motleyfool.com/6de968ef73c286bb608a2973fe6f4a7f" alt="" original-src="https://s.yimg.com/ny/api/res/1.2/r2b84LwyG9NfvQv72ZzJ6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://media.zenfs.com/en/motleyfool.com/6de968ef73c286bb608a2973fe6f4a7f"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Quantum computing stocks were red hot in 2025 -- and with good reason</h2>
<div class="lb-trans"><h2>量子计算股票在 2025 年火热——这有充分理由</h2>
</div><p>Without getting overly technical, quantum computing relies on specialized computers to perform rapid, often simultaneous calculations to help solve complex problems that classical computers simply aren't capable of performing.</p>
<div class="lb-trans"><p>不必过于技术化，量子计算依赖于专用计算机进行快速、常常是同时的计算，以帮助解决经典计算机无法处理的复杂问题。</p>
</div><p>Part of the reason for the liftoff of pure-play quantum computing stocks in 2025 has to do with the real-world use cases for this technology. In particular, quantum computers can accelerate the learning curves of AI algorithms, potentially making large language models more useful at a considerably faster pace.</p>
<div class="lb-trans"><p>2025 年纯量子计算股票的飙升部分原因在于该技术的实际应用案例。特别是，量子计算机可以加速 AI 算法的学习曲线，可能使大型语言模型在更快的速度下变得更加有用。</p>
</div><p>Additionally, quantum computers can be used to run molecular interaction simulations to determine the best courses of action for developing novel therapies or optimizing clinical drug trials for success.</p>
<div class="lb-trans"><p>此外，量子计算机还可以用于运行分子相互作用模拟，以确定开发新疗法或优化临床药物试验成功的最佳行动方案。</p>
</div><blockquote>
<p>Quantum Computing 1 Year Returns 🤯$RGTI +6,217% $QBTS +3,912%$QUBT +2,798%$IONQ +670% pic.twitter.com/tzSN5ZqVjj</p>
<p>-- Connor Bates (@ConnorJBates_) October 13, 2025</p>
</blockquote>
<div class="lb-trans"><p> 量子计算 1 年回报 🤯$RGTI +6,217% $QBTS +3,912%$QUBT +2,798%$IONQ +670% pic.twitter.com/tzSN5ZqVjj

 -- Connor Bates (@ConnorJBates_) 2025 年 10 月 13 日</p>
</div><p>Although addressable market estimates vary wildly, as is to be expected of an early stage technological innovation, analysts at Boston Consulting Group foresee quantum computing adding between $450 billion and $850 billion in global economic value by 2040. Online publication The Quantum Insider is even more optimistic, with a call for $1 trillion in created economic value by 2035. If either of these estimates is remotely in the ballpark, it would lead to a laundry list of beneficiaries and, presumably, some very happy investors.</p>
<div class="lb-trans"><p>尽管可寻址市场的估计差异很大，这在早期技术创新中是可以预期的，但波士顿咨询集团的分析师预计，到 2040 年，量子计算将为全球经济增加 4500 亿至 8500 亿美元的价值。在线出版物《量子内幕》甚至更为乐观，预计到 2035 年创造 1 万亿美元的经济价值。如果这些估计中的任何一个接近实际情况，将会导致一长串受益者，显然也会让一些投资者非常高兴。</p>
</div><p>Speaking of investments, IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. all soared early in the fourth quarter of 2025 after <strong>JPMorgan Chase</strong> outlined its $1.5 trillion Security and Resiliency Initiative. America's largest bank by total assets laid out its 10-year plan to &#34;facilitate, finance and invest in industries critical to national economic security and resiliency.&#34; Quantum computing was identified as one of the initial 27 sub-areas for investment by JPMorgan Chase.</p>
<div class="lb-trans"><p>谈到投资，IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.在 2025 年第四季度初飙升，原因是 <strong>摩根大通</strong> 概述了其 1.5 万亿美元的安全与韧性计划。美国最大的银行根据总资产制定了 10 年计划，旨在 “促进、融资和投资于对国家经济安全和韧性至关重要的行业。” 量子计算被摩根大通确定为投资的 27 个子领域之一。</p>
</div><p>Lastly, early stage collaborations and contracts helped fuel the significant rally observed in pure-play quantum computing stocks. For instance, <strong>Amazon</strong>'s quantum-cloud service Braket and <strong>Microsoft</strong>'s Azure Quantum service are both allowing subscribers access to IonQ's and Rigetti's quantum computers to run simulations and test their quantum hardware. Landing members of the &#34;Magnificent Seven&#34; as clients is a big deal.</p>
<div class="lb-trans"><p>最后，早期的合作和合同帮助推动了纯量子计算股票的显著上涨。例如，<strong>亚马逊</strong> 的量子云服务 Braket 和 <strong>微软</strong> 的 Azure Quantum 服务都允许订阅者访问 IonQ 和 Rigetti 的量子计算机进行模拟和测试其量子硬件。获得 “七大奇迹” 成员作为客户是一个大事件。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/qNaQw.n3iJ034K9CKDIs9g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYzOA--/https://media.zenfs.com/en/motleyfool.com/ea1e0e1490657314b6a38dc483d5b74f" alt="" original-src="https://s.yimg.com/ny/api/res/1.2/qNaQw.n3iJ034K9CKDIs9g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYzOA--/https://media.zenfs.com/en/motleyfool.com/ea1e0e1490657314b6a38dc483d5b74f"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Quantum computing stocks gave Wall Street and investors a <em>huge</em> reality check</h2>
<div class="lb-trans"><h2>量子计算股票给华尔街和投资者带来了巨大的现实警示</h2>
</div><p>But as Wall Street's most popular disclaimer goes, &#34;past performance is no guarantee of future results.&#34;</p>
<div class="lb-trans"><p>但正如华尔街最流行的免责声明所说，“过去的表现并不能保证未来的结果。”</p>
</div><p>While quantum computing stocks undeniably benefited in 2025, they also served up warnings for investors who paid close attention.</p>
<div class="lb-trans"><p>虽然量子计算股票在 2025 年无疑受益，但它们也给密切关注的投资者发出了警告。</p>
</div><p>One of the foundational aspects of game-changing technologies is their need for time to mature and evolve. No matter how exciting an innovation may seem, it takes time to gain adoption and for businesses to optimize it. We've witnessed this play out with every technological leap forward over the past three decades, including the internet, 3D printing, and blockchain technology, to name a few.</p>
<div class="lb-trans"><p>颠覆性技术的一个基础方面是它们需要时间来成熟和发展。无论创新看起来多么令人兴奋，获得采用并让企业优化它都需要时间。过去三十年中，我们见证了每一次技术飞跃的这种情况，包括互联网、3D 打印和区块链技术等。</p>
</div><p>Although quantum computing is a groundbreaking technology, the pure-play stocks at the forefront of this trend are still in the very early stages of commercializing their quantum computers. Most Wall Street analysts anticipate it'll be several years before quantum computers can tackle practical problem-solving more cost-effectively than classical computers.</p>
<div class="lb-trans"><p>尽管量子计算是一项突破性技术，但处于这一趋势前沿的纯量子股票仍处于商业化其量子计算机的非常早期阶段。大多数华尔街分析师预计，在量子计算机能够比经典计算机更具成本效益地解决实际问题之前，还需要几年时间。</p>
</div><p>While IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. are expected to generate sustained high double-digit or triple-digit annual sales growth for the foreseeable future, there's a good likelihood that all four companies with be losing money and burning cash for years to come.</p>
<div class="lb-trans"><p>虽然 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.预计在可预见的未来将实现持续的高双位数或三位数的年销售增长，但这四家公司很可能在未来几年内都将亏损并消耗现金。</p>
</div><p>With unproven operating models and limited/no access to basic financial services, this quartet of quantum computing highfliers have turned to dilutive share offerings to raise capital. Last year, cumulative at-the-market or private share offerings respectively totaled:</p>
<div class="lb-trans"><p>由于运营模式尚未得到验证且基本金融服务的获取有限/没有，这四家量子计算高飞企业不得不通过稀释性股票发行来筹集资金。去年，市场或私人股票发行的累计总额分别为：</p>
</div><ul>
<li>IonQ: $2 billion</li>
<li>Rigetti Computing: $350 million</li>
<li>D-Wave Quantum: $550 million</li>
<li>Quantum Computing Inc.: $1.25 billion</li>
</ul>
<div class="lb-trans"><ul>
<li>IonQ：20 亿美元</li>
<li>Rigetti Computing：3.5 亿美元</li>
<li>D-Wave Quantum：5.5 亿美元</li>
<li>Quantum Computing Inc.：12.5 亿美元</li>
</ul>
</div><p>Two separate private placements from Quantum Computing Inc., two offerings from D-Wave Quantum, an at-the-market offering by Rigetti Computing, and IonQ's October equity offering, combine for $4.15 billion in stock/warrants issued by quantum computing companies in 2025.</p>
<div class="lb-trans"><p>Quantum Computing Inc.的两次独立私募，D-Wave Quantum 的两次发行，Rigetti Computing 的市场发行，以及 IonQ 在十月的股权发行，共同构成了 2025 年量子计算公司发行的 41.5 亿美元股票/认股权证。</p>
</div><p>This $4.15 billion reality check serves as a reminder that quantum computing stocks have a <em>long</em> way to go before their operating models are validated and generate positive cash flow. It also signals the possibility of additional share-based dilution for further research and development.</p>
<div class="lb-trans"><p>这 41.5 亿美元的现实检验提醒我们，量子计算股票在其运营模式得到验证并产生正现金流之前，还有很长的路要走。这也暗示了为了进一步的研发可能会出现额外的基于股份的稀释。</p>
</div><p>Furthermore, this eye-popping $4.15 billion figure demonstrates just how much of a disadvantage IonQ, Rigetti, D-Wave, and Quantum Computing Inc. are at compared to members of the Magnificent Seven.</p>
<div class="lb-trans"><p>此外，这个令人瞩目的 41.5 亿美元数字展示了 IonQ、Rigetti、D-Wave 和 Quantum Computing Inc.相比于 “七大奇迹” 成员所处的劣势。</p>
</div><p>For example, Microsoft and <strong>Alphabet</strong> have several highly profitable operating segments, with both companies sitting on veritable mountains of cash that they can deploy at any time. Microsoft and Alphabet have also developed quantum processing units (Majorana 1 for Microsoft and Willow for Alphabet). Magnificent Seven companies aren't shy about wanting their piece of next-big-thing technology pies, and the barrier to entry in quantum computing may be substantially lower than investors realize.</p>
<div class="lb-trans"><p>例如，微软和 <strong>Alphabet</strong> 拥有多个高盈利的运营部门，两家公司都坐拥可随时动用的巨额现金。微软和 Alphabet 还开发了量子处理单元（微软的 Majorana 1 和 Alphabet 的 Willow）。七大奇迹公司并不害羞于想要在下一个大科技蛋糕中分一杯羹，而量子计算的进入壁垒可能远低于投资者的预期。</p>
</div><p>The prospect of ongoing share-based dilution adds another layer of concern for pure-play quantum computing stocks.</p>
<div class="lb-trans"><p>持续的基于股份的稀释前景为纯量子计算股票增添了另一层担忧。</p>
</div><h2>Should you buy stock in IonQ right now?</h2>
<div class="lb-trans"><h2>你现在应该购买 IonQ 的股票吗？</h2>
</div><p>Before you buy stock in IonQ, consider this:</p>
<div class="lb-trans"><p>在你购买 IonQ 的股票之前，请考虑以下几点：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and IonQ wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p>_Motley Fool Stock Advisor_分析团队刚刚确定了他们认为现在投资者应该购买的 <strong>10 只最佳股票</strong>……而 IonQ 并不在其中。这 10 只股票有可能在未来几年产生巨额回报。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $474,578</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,141,628</strong>!*</p>
<div class="lb-trans"><p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 474,578 美元</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 1,141,628 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 955% — a market-crushing outperformance compared to 196% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>现在，值得注意的是，_Stock Advisor_的总平均回报率为 955%——相比之下，标准普尔 500 指数的回报率为 196%，表现出色。<strong>不要错过最新的前 10 名单，_Stock Advisor_提供，并加入一个由个人投资者为个人投资者建立的投资社区。</strong></p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看这 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of January 20, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回报截至 2026 年 1 月 20 日。</em></p>
</div><p><em>JPMorgan Chase is an advertising partner of Motley Fool Money. Sean Williams has positions in Alphabet and Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, IonQ, JPMorgan Chase, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>摩根大通是 Motley Fool Money 的广告合作伙伴。Sean Williams 持有 Alphabet 和 Amazon 的股份。Motley Fool 持有并推荐 Alphabet、Amazon、IonQ、摩根大通和微软的股份。Motley Fool 推荐以下选项：长期持有 2026 年 1 月 395 美元的微软看涨期权，以及短期持有 2026 年 1 月 405 美元的微软看涨期权。Motley Fool 有披露政策。</em></p>
</div><p>Quantum Computing Stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Served Up a $4.15 Billion Reality Check for Wall Street -- but Are Investors Paying Attention? was originally published by The Motley Fool</p>
<div class="lb-trans"><p>量子计算股票 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.为华尔街提供了 41.5 亿美元的现实检验——但投资者在关注吗？最初由 Motley Fool 发布。</p>
</div>

Quantum Computing Stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Served Up a $4.15 Billion Reality Check for Wall Street -- but Are Investors Paying Attention?

雅虎北美

Tradr 2X Long QUBT Daily ETF

Quantum Computing

IonQ

D-Wave Quantum

Defiance 2X Daily Long Pure Quantum ETF

Rigetti Computing

Tradr 2X Long QBTS Daily ETF

量子计算股票 IonQ、Rigetti Computing、D-Wave Quantum 和 Quantum Computing Inc.为华尔街带来了一个 41.5 亿美元的现实检验——但投资者是否在关注这一点？