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IonQ Error-Correction Test Lifts Quantum Computing ETF QTUM
IonQ announced it successfully developed and tested what it calls the industry's first end-to-end real-time quantum error correction decoder running on a single standard off-the-shelf central processing unit, sending its shares up 12% in morning trading. The news lifted the broader quantum computing trade, with QTUM, the largest ETF tracking the sector at about $5.7 billion in assets, up 41% year to date. IonQ was the top trending ticker on the Yahoo Finance platform following the announcement. The decoder addresses one of quantum computing's central obstacles, the errors that make current systems unsuitable for commercialization, and is seen as a significant step forward for the industry. The discussion also noted that IBM has made quantum a major part of its technological push and plans to spin off its quantum unit, while government investment in the field continues.
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IonQ Shares Rise 5% on Nvidia Quantum Computing Collaboration
IonQ shares rallied 5% on Wednesday after the company announced a new collaboration with Nvidia and a quantum computing breakthrough. IonQ said it will install its Superion 256 quantum computer at Nvidia's Accelerated Quantum Research Center in Boston, where it will be connected directly to the AI chip giant's infrastructure. The companies will use the system to conduct research on financial modeling and portfolio optimization, as well as on chemistry for drug discovery. IonQ chairman and CEO Niccolo de Masi called it "the beginning of an exciting era of hybrid quantum-classical computing." The stock also got a lift from a breakthrough announced Tuesday in which IonQ said its system can now detect and correct errors using a single standard CPU, which the company said "removes a major bottleneck in fault-tolerant quantum computing."
Intel CEO Touts Quantum-CPU Hybrid as IonQ Tests Error-Correction Decoder
Intel CEO Lip-Bu Tan said at Splunk's .conf26 conference that CPUs, GPUs and quantum processors will likely work together across different applications, citing error correction as an area where the technology still needs to advance. Days later, IonQ said it had tested a real-time quantum error-correction decoder running on a single standard CPU, with the system tested on simulated workloads representing up to 408 logical qubits and more than 31.5 million operations. IonQ said the decoder added as little as 0.02% to execution time under standard operating-noise assumptions, though the research used simulated workloads rather than a quantum computer operating with 408 logical qubits, so it does not establish that the technology is ready for commercial-scale deployment. Still, the test illustrates how conventional computing could handle error correction while quantum processors perform specialized calculations. INTC shares rose 1.7% Tuesday to $123.86, while IonQ has drawn renewed attention from investors following the milestone, and the next catalyst is whether IonQ can demonstrate the decoder on increasingly large, real quantum systems.