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  "docSlug": "340e94a59fc0",
  "documentTitle": "IonQ Inc. (IONQ)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-05-03 00:00:00",
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  "notes": "This is a specific point of attack in an activist short report, using an analogy to AMD/Intel to highlight the alleged absurdity of IonQ's claims.",
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      "text": "However, our research indicates that IonQ procured the chips from a third-party vendor operated by Honeywell, its key competitor – as absurd as if AMD purchased CPU’s from Intel and claimed it was “AMD Inside.”",
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      "text": "15. IonQ has no meaningful intellectual property. It promotes a “QPU chip” as its secret sauce and “the heart of our quantum computer.” However, our research indicates that IonQ procured the chips from a third-party vendor operated by Honeywell, its key competitor – as absurd as if AMD purchased CPU’s from Intel and claimed it was “AMD Inside.” Ex-employees indicated the “chip” was a standard model made widely available by the vendor, dismissing it as “not special” and easy to replicate with typical microfabrication technology.",
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