While Willow and the quantum computing technology that undergirds the chip are not going to be ready for commercial applications in the near term, the launch and the impressive set of results show Alphabet's continued pace of innovation in emerging technologies, he adds.
Excitement about Willow, Google’s highest-performing Quantum AI chip, has sent Alphabet’s shares higher. Following the Dec 9 announcement, shares in Alphabet jumped some 6%. Shares in the Nasdaq-listed company have risen close to 8% over the past five trading days to close at US$186.53 ($249.97) on Dec 10.
Willow's computational performance far exceeds that of traditional supercomputers by a large margin, says Morningstar Equity Research analyst Malik Ahmed Khan in a Dec 10 note.
