US EditionWhat's Going On With AMD Stock Tuesday? - IBM (NYSE:IBM), Advanced Micro Devices (NASDAQ:AMD)
IBM and AMD aim to develop scalable, open-source quantum-centric supercomputing platforms to accelerate breakthroughs in drug discovery, materials science, and optimization, officials said.
- On August 26, 2025, International Business Machines Corp. and Advanced Micro Devices, Inc. announced a collaboration to develop quantum-centric supercomputing that combines quantum and classical systems.
- Motivated by technical need and market forecasts, the partnership targets drug discovery, materials science, optimization and logistics, aiming to build scalable, open-source platforms and explore ecosystems like Qiskit, companies said.
- Engineers aim to integrate AMD CPUs, GPUs and FPGAs with IBM quantum systems and plan an initial demonstration later this year to showcase hybrid quantum-classical workflows.
- Investors drove AMD shares higher to $167.33 premarket Tuesday while IBM rose more modestly, adding to competition as established tech giants and startups intensify quantum efforts.
- Looking farther ahead, analysts note the companies said their work could accelerate fault-tolerant quantum computers by decade's end, with McKinsey projecting the sector could reach $97 billion by 2035 and governments pledging more than $10 billion for 2025.
Insights by Ground AI
Does this summary seem wrong?
18 Articles
18 Articles
[Digital Daily Reporter Lee Anna] On the 27th, IBM and AMD announced plans to develop quantum-centric supercomputing, a next-generation computing architecture that combines quantum computers and high-performance computing (HPC). While conventional computers process information using bits of 0 and 1, quantum computers use qubits, which represent information according to the laws of quantum mechanics. This characteristic provides the computational…
IBM and AMD announce partnership to develop next gen quantum supercomputing infrastructure - BusinessToday
IBM and AMD have announced a partnership to develop next-generation quantum supercomputing infrastructure, combining quantum, AI and high-performance computing to tackle complex global challenges.
·India
Read Full ArticleCoverage Details
Total News Sources18
Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
Factuality
To view factuality data please Upgrade to Premium
