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Investing.com -- IBM (NYSE:IBM) stock rose 1.9% Wednesday morning following announcements at the company’s Quantum Developer Conference, where the tech giant unveiled its most advanced quantum processor yet.
The company introduced IBM Quantum Nighthawk, a processor designed to deliver quantum advantage by the end of 2026. The new processor features 120 qubits with 218 next-generation tunable couplers, representing a 20% increase in couplers compared to its previous Heron processor. This architecture will allow users to execute circuits with 30% more complexity while maintaining low error rates.
IBM’s quantum roadmap includes delivering the Nighthawk processor to users by the end of 2025. The company expects future iterations to handle up to 7,500 gates by the end of 2026, 10,000 gates in 2027, and potentially 15,000 two-qubit gates by 2028 through systems with 1,000 or more connected qubits.
The company also announced IBM Quantum Loon, an experimental processor that demonstrates all key components needed for fault-tolerant quantum computing, which IBM aims to deliver by 2029. Additionally, IBM reported achieving efficient quantum error correction decoding with a 10-times speedup over current leading approaches, completed one year ahead of schedule.
To accelerate development, IBM has shifted its quantum processor fabrication to a 300mm wafer facility at the Albany NanoTech Complex in New York. This move has doubled development speed while boosting the physical complexity of quantum chips by 10 times for its fault-tolerant error correction roadmap.
IBM is also contributing to an open, community-led quantum advantage tracker alongside partners Algorithmiq, researchers at the Flatiron Institute, and BlueQubit to monitor and verify emerging demonstrations of quantum advantage.