Alphabet stock up 4.4% after unveiling successful Willow quantum computing chip

From Nasdaq: 2024-12-10 12:46:32

Alphabet (NASDAQ: GOOGL) stock is up 4.4% after unveiling its Willow quantum computing chip. The chip achieved a significant breakthrough, outperforming supercomputers in a key benchmark test. Experts praise the technology, signaling a positive future for Alphabet in the quantum computing field.

While it may take time for quantum computing to impact Alphabet’s bottom line, the Willow chip’s success is a significant achievement. Commercial applications are still years away, but Alphabet’s continued investment in emerging tech positions the company for long-term success in the industry.

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