The quantum computing industry has been on fire in recent weeks, and much of the excitement has been fueled by Google’s (GOOGL) unveiling of Willow, a potentially revolutionary quantum chip. Google’s breakthrough has reignited interest in this state-of-the-art technology,

One of these companies' quantum platforms can complete calculations in minutes that would take today's supercomputers longer than the age of the universe to solve.

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,

Quantum computing is a burgeoning field with the potential to create trillions of dollars. The rising acceptance of quantum computers in finance, life sciences and chemical sectors is expected to help the quantum computing market reach $5.3 billion by 2029 from $1.3 billion in 2024 at a CAGR of 32.7%, according to marketsandmarkets.

Quantum computing has been an up-and-down investment theme over the past few months. The rage kicked off when Alphabet ( GOOG 1.16%) ( GOOGL 1.13%) announced a breakthrough with its Willow quantum computing chip, and any stock associated with quantum computing rose on the news of the announcement.

IonQ ($IONQ) stock has soared 388.5% over the past year. The company is benefitting from its strong position in the quantum computing space. Its