IBM Quantum Chip
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Why IBM Stock Popped on Friday
Yahoo Finance· 2025-09-26 16:32
Group 1 - IBM stock increased by 1.6% after Morgan Stanley labeled it the "clear leader" in quantum computing [1] - HSBC successfully utilized IBM's quantum processor in a trial to optimize bond trading, marking a significant milestone in the financial services sector [3][4] - The use of IBM's quantum chip resulted in a 34% improvement in bond price predictions for HSBC, enhancing their trading efficiency [4][7] Group 2 - Improved accuracy in bond price predictions is expected to lead to higher profits for HSBC, which is beneficial for both HSBC and IBM [5] - The development signifies a promising future for quantum computing in financial services, suggesting that profitability for quantum stocks may be closer than anticipated [5]