Is Alphabet's Quantum Computing Chip a Game Changer for the Stock?

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) shares got a nice lift after the company unveiled a new quantum computing chip. The company's stock had been struggling in the second half of the year after peaking in July, but this news helped send the stock back to all-time highs. The stock is now up about 38% on the year as of this writing.Let's take a look at the announcement and whether this new quantum computing chip could be a game changer for the stock.Alphabet's new chip, dubbed Willow, is being touted as a new breakthrough in quantum computing, which is an emerging technology that uses the laws of quantum mechanics to solve problems much more quickly than traditional computers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool