IonQ said Sept. 22 it developed what it called the industry’s first end-to-end, real-time quantum error-correction decoder, which runs on one standard CPU. It was validated on simulated data, not a live system; shares rose more than 11% the next day.
The article’s author said the development was significant enough to consider buying IonQ for investors willing to hold for several years, while calling the stock speculative and the company deeply unprofitable with a rich valuation. Shares were down more than 40% over the prior year; IonQ was not among Stock Advisor’s 10 featured picks.
The day after the decoder announcement, IonQ said its Superion 256 will become the first on-premises quantum processor at Nvidia’s Accelerated Quantum Research Center.
