AMD (AMD – Free Report) is pushing the limits of possibilities with its latest patent, unveiling a quantum-computing processor that would utilize teleportation. This novel patented technology could solve the stability and efficiency issues that current quantum-computing frameworks have been struggling with.
This technology may be years away from commercial viability, but this patent filing demonstrates AMD’s focus on the future
Quantum computing is a nascent space, but an enormous amount of capital is flowing into its development due to the astronomical competitive advantage it would provide. In 2019, Google’s (GOOGL – Free Report) quantum-computer Sycamore was able to solve a complex equation 158 million times faster than the world’s fastest supercomputer (IBM’s Summit).
If AMD was able to attain a competitive edge in the quantum-computing space, the profit potential would be boundless. AMD’s CEO Lisa Su has vitalized this chip designer and instilled an innovative culture that has driven AMD up 3,200% since she took the helm in 2014.
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