Alphabet unveils breakthrough quantum computing chip, driving stock to all-time highs

From Nasdaq: 2024-12-15 06:32:00

Alphabet’s shares soar after unveiling new quantum computing chip, sending stock back to all-time highs. Willow chip a breakthrough in quantum computing, using qubits to process information exponentially faster. Despite no known real-life applications yet, Alphabet remains at forefront of technology innovation. Willow could have massive implications for AI, cybersecurity, and more in the future.

While Willow won’t impact Alphabet’s financials soon, it showcases company’s innovation leadership. Stock offers diverse portfolio with top search platform, ad network, cloud computing, and more. Fundamentals strong with revenue up 15% and EPS up 37% last quarter. Willow helps shift investor perception, making stock a solid option to consider buying.

Consider investing in Alphabet with Stock Advisor’s top stock picks for monster returns. Service has quadrupled S&P 500 returns since 2002, providing guidance on building a successful portfolio. Past picks like Nvidia have delivered huge returns. Stock Advisor offers regular updates and new stock picks monthly for long-term growth potential.



Read more at Nasdaq: Is Alphabet’s Quantum Computing Chip a Game Changer for the Stock?