IonQ Leap Forward as SkyWater Merger Clears Key Hurdle

SkyWater shareholders approved the merger with IonQ, moving the quantum‑tech company closer to acquiring the chip foundry. IonQ’s stock rose about 3.3% to $49.24 on the news, and analysts see roughly 23% upside to a $60.86 target. The deal still requires regulatory approvals and other closing conditions and is expected to close in Q2–Q3 2026. The tie‑up would give IonQ more U.S. chip and packaging capabilities and closer defense‑related supply chains, but it also adds integration risk as it blends a foundry with quantum computing.”,