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Quantum computing stocks leap on Microsoft's new chip reveal


//stocks-investing.news-articles.net/content/202 .. -stocks-leap-on-microsoft-s-new-chip-reveal.html
Published in Stocks and Investing on by Investing   Print publication without navigation

Investing.com -- Shares of quantum computing companies surged today following Microsoft's (NASDAQ: NASDAQ: MSFT) announcement of a groundbreaking quantum chip, Majorana 1. IONQ saw a 2.6% rise, Quantum (NASDAQ: QMCO) Computing climbed 8.6%, D-Wave Quantum increased by 8.2%, and Rigetti Computing advanced 6%.

The article from Investing.com discusses the surge in quantum computing stocks following Microsoft's announcement of a new quantum computing chip. Microsoft unveiled a breakthrough in quantum computing technology, which has spurred optimism about the future of quantum computing. This news led to significant gains in shares of companies involved in quantum technology. Specifically, stocks like IonQ, Rigetti Computing, and D-Wave Systems saw notable increases in their stock prices. The excitement stems from Microsoft's development of a chip that could potentially make quantum computers more practical and scalable, thereby accelerating the commercialization of quantum computing. This development is seen as a step closer to realizing the full potential of quantum computing, which promises to solve complex problems far beyond the capabilities of current classical computers.

Read the Full Investing Article at:
[ https://www.investing.com/news/stock-market-news/quantum-computing-stocks-leap-on-microsofts-new-chip-reveal-93CH-3877987 ]

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