Can the Rally in Alphabet (GOOGL) Stock Continue with New Quantum Computing Chip?
Alphabet(GOOG) ZACKS·2024-12-12 00:16
Roaring to new 52-week highs, Alphabet's (GOOGL) stock has made headlines this week following the announcement of its new state-of-the-art quantum computing chip.Known as Willow, the chip is geared to crack a key challenge in quantum error correction pursued in the computing field for almost 30 years. Furthermore, Willow is light years ahead regarding performance across several metrics and standard benchmark computation. Willow has Pushed GOOGL Toward $200 a share Alphabet’s stock has edged toward $200 a s ...