Alphabet Climbs Following Breakthrough With Willow Quantum Chip

Published On Dec 10, 2024, 10:50 AM

Alphabet Inc. recently announced significant advancements in quantum computing with its new Willow quantum chip, which can solve problems in five minutes that would take supercomputers 10 septillion years. This breakthrough has led to a surge in Alphabet's stock price, with analysts optimistic about its future implications. Although commercial use of quantum computing is still years away, this development is seen as a step towards realization, enhancing Alphabet's technological leadership. Other quantum tech firms also experienced stock price increases following this news.