Diraq, GlobalFoundries to Make Quantum Chips With Standard Tools [BNN Bloomberg (Canada)]
GlobalFoundries Inc. (GFS)
Company Research
Source: BNN Bloomberg
The contract manufacturer will use standard equipment and materials to make Sydney-based Diraq's chip, which has a quantum processor designed to operate at 99.9% accuracy at 1 Kelvin (-272.15C), alongside classical transistors that can operate at such temperatures. European research consortium Imec helped develop the commercial manufacturing process for the quantum processor. Most quantum processors need to be stored inside a cryogenic chamber at temperatures close to absolute zero to reduce movement, with wires connecting them to computers operating at room temperature. If both quantum and classic components are on the same sliver of silicon, however, that eliminates the lag time between the two, making it easier to control the quantum processor and correct errors. The transistors are the same as those used in mobile phones and are manufactured on mature 22-nanometer production lines, helping to lower costs, according to Andrew Dzurak, chief executive officer of Diraq, a two-yea
Show less
Read more
Impact Snapshot
Event Time:
GFS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GFS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GFS alerts
High impacting GlobalFoundries Inc. news events
Weekly update
A roundup of the hottest topics
GFS
News
- BAE Systems and GlobalFoundries Collaborate to Strengthen Supply of Essential Semiconductors for National Security Programs [Yahoo! Finance]Yahoo! Finance
- BAE Systems and GlobalFoundries Collaborate to Strengthen Supply of Essential Semiconductors for National Security ProgramsGlobeNewswire
- $46+ Billion Semiconductor Assembly Testing Services Market Outlook, 2024-2029 - Driven by the Rising Focus on EVs and ADAS Technologies in the Automotive Sector [Yahoo! Finance]Yahoo! Finance
- GlobalFoundries Joins CHIPS Women in Construction Framework [Yahoo! Finance]Yahoo! Finance
- GlobalFoundries Joins CHIPS Women in Construction FrameworkGlobeNewswire
GFS
Earnings
- 5/7/24 - Beat
GFS
Sec Filings
- 6/20/24 - Form 6-K
- 5/29/24 - Form SD
- 5/28/24 - Form 6-K
- GFS's page on the SEC website