Shares of Google parent Alphabet surged to their highest level since July on Tuesday after the company unveiled a chip it said can complete computations in minutes that would take some of today's fastest supercomputers 10 septillion years.

Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.

Alphabet Inc. shares (GOOG) surged 6.3% Tuesday, marking the biggest jump since October, following the announcement of a significant quantum computing milestone. The Google parent introduced the Willow quantum chip,

Instead, the focus should probably be on how Willow could become an indirect reason to buy Alphabet, namely, its ability to reinvent itself. Indeed, it is possible that ChatGPT could make Google Search obsolete, and its release of Google Gemini may only do so much to help.

The stock jumped a day after the company unveiled its Willow chip, and as one Wall Street analyst named it a top stock pick heading into 2025.

Alphabet Inc. shares posted their biggest one-day gain since April as analysts applauded the Google parent’s announcement Monday of a major development in quantum computing through the use of its Willow quantum chip.

Google's parent company, Alphabet, is up Tuesday after the company unveiled Willow, its new chip that powers quantum computing. Here's what you need to know.

Alphabet shares rose a day after Google said it developed a new chip that moves a step forward in the tech industry’s longtime dream of developing commercially relevant quantum computing. The chip, called Willow,

IonQ's quantum computing technology could revolutionize AI processing and unlock a $173 billion market by 2040. Serve Robotics' autonomous delivery platform and Uber partnership position it for growth in a $55 billion market by 2030.

Quantum computing stocks have gained momentum in recent sessions amid increased investment by big techs. International Business Machines Corp. ($IBM) is considered a pioneer in the field, with Microsoft Corp.