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Barchart
Wajeeh Khan

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

IONQ SkyWater SkyWater Technology SKYT

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. 

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