Why IonQ Inc. (IONQ) Went Up On Monday?

We recently published a list of AI Stocks Dominate Monday’s Top 10 Performers. In this article, we are going to take a look at where IonQ Inc. (NYSE:IONQ) stands against other AI stocks that dominate Monday’s top performers.

The stock market finished mixed on Monday as investors remained cautious over the escalating trade tensions globally, with President Donald Trump threatening to slap China with another 50-percent tariff if the latter does not withdraw a countermeasure.

The Dow Jones declined by 0.91 percent, while the S&P 500 dropped by 0.23 percent. In contrast, the tech-heavy Nasdaq inched up by 0.10 percent.

Meanwhile, 10 companies, predominantly in the Artificial Intelligence sector, bucked an overall market pessimism, posting strong gains during the day.

In this article, we have identified Monday’s top performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.

A quantum computer on a countertop in an engineering laboratory with a technician at work.

IonQ Inc. (NYSE:IONQ)

IonQ Inc. bounced back from two straight days of losses, finishing Monday’s trading higher by 10.01 percent at $22.75 apiece as investors appeared to be placing bets back onto stocks riding the artificial intelligence boom.

IONQ traded higher in line with its quantum computing peers such as Super Micro Computer Inc. (NASDAQ:SMCI) and Rigetti Computing Inc. (NASDAQ:RGTI).

Last week, IONQ launched its newest flagship quantum computer, Forte Enterprise, which is now officially available to customers globally through Amazon Braket, a managed quantum computing service from Amazon Web Services (AWS), as well as the IonQ Quantum Cloud.

Forte Enterprise joins Aria and Forte in its series of products “capable of meeting Amazon’s high bar for commercial availability.”

In a statement, IONQ President and CEO Niccolo de Masi said that the goal was to get its quantum technologies into the hands of developers to support the development of new commercial applications.

“This collaboration with AWS makes Forte Enterprise accessible for new and existing customers to leverage our quantum computing systems for real-world impact,” he added.

Overall, IONQ ranks 8th on our list of AI stocks that dominate Monday’s top performers. While we acknowledge the potential of IONQ as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IONQ but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.