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Benzinga

Business

Henry Khederian

IonQ Stock Is Surging Monday: What's Driving The Rally?

Munich,,Bavaria,,Germany,-,March,31,2023:,Ionq,Is,At

IonQ Inc (NYSE:IONQ) shares are trading higher Monday afternoon after the company announced its commitment to helping build a quantum ecosystem in Texas.

The declaration follows the passage of the Texas Quantum Initiative (HB 4751), new legislation designed to establish the state as a major hub for quantum innovation.

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