IonQ and D-Wave both build quantum computers, but their hardware choices put them on completely different trajectories right now, and that gap is forcing investors to pick a side before the payoff arrives.
IonQ (NYSE:IONQ | IONQ Price Prediction) and D-Wave Quantum (NYSE:QBTS) reported second-quarter results one day apart in August. The two reports reflect different hardware strategies. IonQ’s revenue jumped on the back of a broad trapped-ion platform. D-Wave signed large annealing deals that have not reached its income statement yet. With both stocks down sharply this year, the hardware each company chose now influences the investment case.
Trapped Ions Bring In Revenue While Annealing Piles Up Bookings
IonQ’s revenue rose 286.8%…
