Jay Gambetta, director of IBM research, said the work showed that IBM's algorithm not only works in the real world, but can operate on a readily available AMD chip that is not "ridiculously expensive.

AMD stock exploded again on Friday, jumping +7% intraday and smashing past $245 before settling for a new all-time high of $252. That rally puts the chipmaker up an insane +60% in October alone, ...

AMD shares jumped 7.6% to hit the intraday high of $253.08 during Friday's Wall Street session. (Bloomberg) US-based semiconductor chipmaking giant, Advanced Micro Devices, also popularly known as AMD ...

SAN FRANCISCO, Oct 24 (Reuters) - IBM (IBM.N), opens new tab said on Friday it can run a key quantum computing error correction algorithm on commonly available chips ...

IBM said on Friday it can run a key quantum computing error correction algorithm on commonly available chips from Advanced Micro Devices, a step toward ...