Google's Quantum Chip Breakthrough Boosts Alphabet Stock

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Source: Investopedia
TL;DR Summary

Alphabet's stock surged over 5% after Google announced a breakthrough quantum computing chip named Willow, capable of performing computations in minutes that would take supercomputers 10 septillion years. This advancement marks the second milestone in Google's quantum computing roadmap, aiming for a large, error-corrected quantum computer with applications in various fields like drug discovery and energy. The announcement highlights Willow's ability to reduce errors as more qubits are used, a significant step in quantum error correction.

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