Google shares rise on new quantum chip breakthrough

What do people on Reddit think?

🚨 Reddit sentiment: mixed/positive - While there is notable excitement and optimism about the potential of Google's quantum chip, there is also caution and skepticism about the near-term impacts and real-world application timelines. Summarized comments: - Google's new quantum chip, Willow, could decrease errors with the addition of more qubits, addressing a long-standing challenge in quantum computing - Elon Musk was impressed with Google's quantum chip, considering it a serious breakthrough - Google's Willow chip is claimed to perform computations that would take regular computers longer than the age of the universe - The new chip paves the way for a full-scale quantum computer with applications for scientific discovery and societal challenges - Some investors have already bought call options on Google shares following the announcement - There is skepticism about how close quantum computing is to solving modern algorithms - Google's GCP offers some quantum solutions, but investors are cautious about the long-term impacts Stock tickers discussed: $GOOG