Alphabet Shares Rise Amid Quantum Breakthrough News. Willow Chip Completes Task Faster Than Supercomputers.

Google’s Willow quantum chip achieved a milestone by performing a computation in under five minutes, which would take a supercomputer ten trillion years. Google acknowledges that the Random Circuit Sampling benchmark lacks real-world applications but claims the chip's ability to handle quantum errors represents a breakthrough. Quantum computers are expected to process vast data volumes, enabling breakthroughs in medicine, science, and finance. Alphabet shares rose nearly 4% on Tuesday, though it’s unclear if the announcement impacted the surge.