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What's Going On With AMD Stock Tuesday? - IBM (NYSE:IBM), Advanced Micro Devices (NASDAQ:AMD)

IBM and AMD aim to develop scalable, open-source quantum-centric supercomputing platforms to accelerate breakthroughs in drug discovery, materials science, and optimization, officials said.

  • On August 26, 2025, International Business Machines Corp. and Advanced Micro Devices, Inc. announced a collaboration to develop quantum-centric supercomputing that combines quantum and classical systems.
  • Motivated by technical need and market forecasts, the partnership targets drug discovery, materials science, optimization and logistics, aiming to build scalable, open-source platforms and explore ecosystems like Qiskit, companies said.
  • Engineers aim to integrate AMD CPUs, GPUs and FPGAs with IBM quantum systems and plan an initial demonstration later this year to showcase hybrid quantum-classical workflows.
  • Investors drove AMD shares higher to $167.33 premarket Tuesday while IBM rose more modestly, adding to competition as established tech giants and startups intensify quantum efforts.
  • Looking farther ahead, analysts note the companies said their work could accelerate fault-tolerant quantum computers by decade's end, with McKinsey projecting the sector could reach $97 billion by 2035 and governments pledging more than $10 billion for 2025.
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Benzinga broke the news in New York, United States on Tuesday, August 26, 2025.
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