By Kayode Omotosho
Publication Date: 2025-11-12 17:06:00
Shares of technology and consulting giant IBM (NYSE:IBM) jumped 2% in the morning session after the company announced significant breakthroughs in its quantum computing division, including the unveiling of its most advanced processor yet, the IBM Quantum Nighthawk. The technology giant detailed its progress at its annual Quantum Developer Conference, stating that the new processor kept it on track to deliver “quantum advantage” — the point at which a quantum computer can solve a problem better than any classical computer. The company also announced the Quantum Loon, a test chip that included all the necessary components for building large-scale, advanced quantum computers. IBM noted that the Nighthawk processor could execute circuits with 30% more complexity and was about 30% more efficient than its predecessor. This news was met with enthusiasm from investors, who saw the announcements as a key step toward unlocking a multi-billion dollar revenue potential for IBM’s…
