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AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction

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Advanced Micro Devices (AMD) shares surged nearly 8% on Friday after reports revealed that IBM successfully used AMD’s chips to run a quantum computing error correction algorithm — a major step forward in the development of scalable quantum systems. IBM’s stock also jumped around 8%, marking its best single-day performance since January, as excitement around […]

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

IBM Shares Slide as Software Revenue Falls Short Despite Strong Earnings and Cloud Growth

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IBM’s stock dropped by up to 6% in after-hours trading on Wednesday, following the release of its second-quarter earnings report. While the tech giant exceeded analysts’ expectations for both earnings and total revenue, a shortfall in software sales led to investor concern. The company reported adjusted earnings of $2.80 per share, outperforming the expected $2.64. […]

Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions