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Stock impact report

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
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