IBM Stock Alert: What to Know as IBM Acquires Quantum Computing Research Lab
IBM says it’s acquiring HRL Laboratories to accelerate its roadmap in fault-tolerant quantum computing. But does that warrant buying IBM shares today?
Quick take
Read original at Yahoo Finance IBM has acquired HRL Laboratories, a research facility owned by Boeing and General Motors, to boost its quantum computing capabilities. The deal is expected to enhance IBM's expertise in silicon-spin qubits and quantum sensing. IBM's shares are down about 30% from their recent high.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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