Shares of IonQ have risen almost 500% over the last 12 months, making it one of the most popular quantum computing stocks on the market.

IonQ CEO Niccolo de Masi told CNBC’s Jim Cramer on Thursday that major advances in quantum computing are fast-approaching.

D-Wave Quantum QBTS and IonQ IONQ are two of the most prominent pure-play quantum computing companies. While both companies aim to transform traditional computing architectures, their strategies and ...