The stock market has shown a very positive reaction to the unveiling of the Willow quantum chip by Google. After the unveiling of the chip, the stock value of Google’s parent company, Alphabet, rose nearly 6 percent, increasing the company’s market value to about $135 billion.
Google unveiled the Willow quantum chip on Monday. This chip is so powerful that it can solve problems that would take a normal computer 10 septillion years to solve in just 5 minutes. Even Elon Musk expressed his surprise about this chip and said in response to the CEO of Google that he is ready to create a quantum cluster in space with Starship.
The positive reaction of the stock market to the unveiling of Willow’s quantum chip
Google’s latest advances in quantum computing have investors very optimistic. According to Business Insider, on Tuesday after the official start of the stock markets, the value of Alphabet’s shares increased by 6% and added 135 billion dollars to the value of the shares of this technology giant. Of course, this increase decreased to 5.5% after some time. Since May 7, this is the highest share value increase for Alphabet. Also, Alphabet’s shares have grown by about 25% since the beginning of the year.
Alphabet’s gains on Tuesday coincided with upbeat updates from analysts. Thomas Champion, senior analyst at Piper Sandler, called Alphabet the best investment choice in 2025. According to this analyst, the latest reviews show that Google is moving towards product-oriented revitalization.
He also emphasized that 75% of advertising buyers said that artificial intelligence tools like Gemina will be very important next year. This analyst predicted that Google Cloud and YouTube services will continue to grow in 2025 and will strengthen the prospects of Google shares.
Tech giants have recently focused on developing quantum computers and chips. These computers can solve problems that are almost impossible for ordinary computers to solve in just a few minutes.
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