Stock Track | IONQ Inc. Plunges 5.3% as China's DeepSeek AI Raises Quantum Computing Concerns
IONQ Inc. shares experienced a 24-hour plunge of 5.3% on Monday's pre-market trading session.The sell-off in IONQ and other quantum computing stocks was fueled by concerns over progress made by China's DeepSeek AI lab. DeepSeek released a powerful new AI model that it claims was built at a relatively low cost using less advanced chips. If true, this development could undermine the demand for the expensive AI chips and hardware that quantum computing companies like IONQ rely on.As a key player in
