IonQ stock jumps 9% on plans for quantum computing manufacturing facility in Washington

Jan. 20, 2023 10:07 AM ETIonQ, Inc. (IONQ)By: Ahmed Farhath, SA News Editor7 Comments

Quantum computer CPU and Computer chip concept  Central Computer Processor

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  • IonQ (NYSE:IONQ) shares +9% on Friday after it announced plans to open a "dedicated" quantum computing manufacturing facility in Seattle, Washington.
  • The new facility will house IonQ’s growing R&D and manufacturing teams, the company said.
  • IonQ said the new location will also accommodate its second quantum data center and be the primary production engineering location in North America.
  • The announcement is part of company's broader intent to invest $1 billion over the next 10 years, through expansion in the Pacific Northwest.

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