Alphabet launches into quantum chip success after the debut of Willow

Alphabet, the parent company of Google, saw its shares rise 5% Tuesday after unveiling a next-generation chip that the firm claimed helped solve a major obstacle in quantum computing.

Google announced Willow, a revolutionary chip that solves a computing issue in five minutes that would take a traditional computer longer than the age of the universe.

Technology companies are investigating quantum computing in the hopes of producing systems that can outperform regular silicon-based computers.

The fundamental components of quantum computers, known as «qubits,» are fast but prone to errors, making it challenging to verify that quantum computers are reliable and commercially viable.