Quantum Computing Stocks Rise as Microsoft's New Chip Heats Up Debate Over Technology
Quantum computing stocks advanced on Thursday after Microsoft launched a new chip that indicated the technology is not "decades away" as stated by the top boss of AI chip bellwether Nvidia. Microsoft unveiled its Majorana 1 chip on Wednesday and said it is less prone to errors than rivals, while providing evidence in a scientific paper set to be published in academic journal Nature. Quantum computing holds the promise of carrying out calculations that would take today's systems millions of years. If successful the technology could also potentially disrupt today's cybersecurity systems.
- The sudden shift in sentiment towards quantum computing has significant implications for the tech industry's perception of innovation timelines, potentially altering investment strategies and partnerships.
- What role will government regulation play in shaping the development and deployment of quantum computing technologies in the coming decade?