What's Going On With Intel Stock Thursday?
Portfolio Pulse from Adam Eckert
Intel Corp (NASDAQ:INTC) announced the release of its new quantum research chip, Tunnel Falls, a 12-qubit silicon chip. The company is collaborating with the Laboratory for Physical Sciences at the University of Maryland to advance quantum computing research. Intel is already developing a next-generation quantum chip based on Tunnel Falls, expected to be released next year.
June 15, 2023 | 2:27 pm
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Intel announced the release of its new quantum research chip, Tunnel Falls, and is collaborating with the University of Maryland to advance quantum computing research. A next-generation chip is expected next year.
The release of the Tunnel Falls quantum research chip and the collaboration with the University of Maryland demonstrate Intel's commitment to advancing quantum computing research. This development, along with the announcement of a next-generation chip, is likely to have a positive impact on Intel's stock price in the short term.
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