IBM announced a quantum computing partnership with AMD in August and plans to launch a supercomputer by 2029.
In this article
Shares of Advanced Micro Devices
jumped more than 6% on a report that IBM
can utilize the company’s chips to run certain quantum computing algorithms.
IBM gained about 6%.
Hyperscalers Alphabet, Amazon and Microsoft have been investing heavily in chips to power quantum computing
As IBM and AMD look to regain ground after falling behind on the generative AI boom, the move could position them as key…
The investment bank upgraded the chipmaker name to buy from hold.
Investors are throwing money at quantum startups. Maybe they should be looking at a more venerable player that has a lot of…
OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026.
Intel's strong quarter is driving sharp gains in another chipmaker.
