10 Firms Kick Off Trading Week Soaring

8. IonQ Inc. (NYSE:IONQ)

Shares of IonQ Inc. (IONQ) jumped by 16.57 percent on Tuesday to close at $45.31 each as investors took heart from news that President Donald Trump is due to announce a $500 billion support to the private sector to fund artificial intelligence infrastructure.

IonQ (IONQ), a leader in quantum computing technology crucial to the rapid advancement of AI, has benefited from the booming AI sector in recent months.

The company is part of a growing ecosystem fueled by major players like OpenAI, which recently formed a partnership with SoftBank and Oracle, for a joint venture company called Stargate, with an initial $100 billion investment and plans to commit up to $500 billion over the next four years to propel the AI industry.

Investment in AI began to surge since OpenAI launched ChatGPT in 2022, as companies across various sectors seek to integrate artificial intelligence into their products and services.