AMD's stock pops 6% on report IBM can use its chips for quantum computing
CNBC·2025-10-24 23:45Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a fireside chat at the Indian Institute of Science (IISc) in Bengaluru, India, on Thursday, Nov. 21, 2024.Shares of Advanced Micro Devices jumped more than 6% on a report that IBM can utilize the company's chips to run certain quantum computing algorithms.IBM gained about 6%.Reuters reported on Friday that a paper will publish next week showing that IBM can run a quantum error-correction algorithm on AMD's field-programm ...