IonQ Inc. (NYSE: IONQ) shares rebounded Monday after initially trading lower alongside other quantum computing stocks. The stock, which was down nearly 10% earlier in the session, bounced back following an article detailing Bill Gates' comments on the timeline for useful quantum computing.

Investors are always on the lookout for the next big thing, and following the success of AI in recent years, it’s no surprise to see stocks in

The Nvidia CEO, who made Elon Musk and Larry Ellison "beg" for more AI GPUs, argued that quantum computing remains unreliable. Huang said that “very useful quantum computers” are probably two decades down the road.

Reliable quantum computers would represent an enormous technological advancement. IonQ is a fast-growing quantum computing company that is investing in research and development. Alphabet is already a giant company,