Reports say that IBM can use AMD chips in the field of quantum computing, and the stock prices of both companies have risen sharply.

Reports say that IBM can use AMD chips in the field of quantum computing, and the stock prices of both companies have risen sharply.

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On Friday local time, according to media reports, IBM stated that it can run certain quantum computing algorithms using AMD chips, and has already managed to operate a key quantum error correction algorithm on common AMD chips. This is an important step toward the commercialization of supercomputers.

Quantum computers use so-called qubits to tackle problems that would take traditional computers thousands of years to solve, such as simulating the interactions of trillions of atoms over time. However, qubits are extremely error-prone, and these errors can quickly overwhelm the effective results of quantum chips.

In June this year, IBM announced it had developed an algorithm that can work in tandem with quantum chips to address such errors. According to a research paper seen by Reuters that will be published on Monday, IBM will demonstrate its ability to run quantum error correction algorithms in real time on field-programmable gate array (FPGA) chips manufactured by AMD.

Jay Gambetta, head of IBM’s research division, said that this research shows IBM’s algorithm is not only feasible in the real world, but can also run on AMD off-the-shelf chips that are “not absurdly expensive”:

To actually achieve this, and to prove that it runs 10 times faster than required, is extremely significant. The algorithmic research announced this Friday was completed a year ahead of schedule.

Boosted by this news, AMD’s share price rose 7% intraday, while IBM’s shares were up about 8% for the day, marking the best performance since January.

In August this year, IBM and AMD announced an agreement to jointly develop quantum computing capabilities and integrate technologies. IBM also said it is advancing a multi-year plan to build a quantum computer called Starling by 2029. This technology leverages quantum mechanics to solve problems that traditional computers cannot handle.

Currently, IBM is competing with companies like Microsoft and Google to accelerate quantum computing development. Tech giants Google, Microsoft, and Amazon are also racing to develop quantum computing technology:

  • Last year, Microsoft launched its first quantum computing chip.
  • Earlier this week, Google announced a major algorithmic breakthrough, releasing the groundbreaking Willow. According to CNBC, a top quantum technology executive at Google said in March that the technology is still five years away from a genuine breakthrough.

These various announcements have reignited market interest in the quantum field, driving up intraday share prices for companies like D-Wave Quantum, Rigetti Computing, and IonQ, with D-Wave Quantum closing up more than 5%.

This week there were reports that the Trump administration was negotiating stakes in quantum computing companies, but on Thursday the Trump administration denied the claims, saying what was being considered was possibly in the form of warrants or loans.

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