Google launches quantum computing chip, shaking the US stock market's quantum computing sector

This Monday, Google launched its so-called "incredible" quantum computing chip. The tech giant stated in a study published in Nature that this chip, named "Willow," can perform complex computations in 5 minutes, while the world's most powerful supercomputers would take "10 to the power of 25" years to complete the same task. Google CEO Sundar Pichai stated on the X platform: "We believe that Willow is an important step in building practical quantum computers, with real applications in drug discovery, fusion energy, battery design, and more." Following the news, Google's stock price rose 0.46% on Monday. Quantum computing stocks in the U.S. had mixed results on Monday, with Rigetti Computing rising over 2%, IonQ Inc falling 10%, and D-Wave Quantum dropping over 8%