As IonQ Snaps Up SkyWater Technology for $1.8B, Should You Buy the Quantum Computing Stock Here?

IonQ (IONQ) shares ended in the red today after announcing a $1.8 billion acquisition of SkyWater Technology (SKYT) to become industry’s first vertically integrated quantum computing platform. The quantum-tech specialist plans on using $770 million of its cash to fund this deal, while the rest will be paid in IONQ stock. More News from Barchart In other words, IonQ is burning over two-thirds of a billion dollars on SKYT while simultaneously diluting its current shareholders, which, of course, is a hard ...