Shares of Advanced Micro Devices (AMD)<\/strong> surged more than 6% on Friday<\/strong> following a Reuters report that IBM<\/strong> has successfully used AMD\u2019s chips to run advanced quantum computing algorithms<\/strong>, marking a major step forward in their emerging partnership. IBM\u2019s stock also gained roughly 6% on the news.<\/p>\n\n\n\n According to the report, a forthcoming research paper will detail how IBM leveraged AMD\u2019s field-programmable gate array (FPGA)<\/strong> technology to run a quantum error-correction algorithm<\/strong> \u2014 a critical capability needed to make quantum computing more stable and commercially viable. Neither company has yet commented on the report, but excitement among investors reflects growing confidence in AMD\u2019s expanding role beyond traditional semiconductors.<\/p>\n\n\n\n The development builds on a partnership announced in August<\/strong>, when AMD and IBM agreed to collaborate on integrating quantum computing capabilities and advancing chip architectures designed for next-generation computing. IBM has said it aims to launch a commercial quantum computer by 2029<\/strong>, a move that would put it in direct competition with other tech titans pursuing similar ambitions.<\/p>\n\n\n\n Companies like Google, Microsoft, and Amazon<\/strong> have also ramped up their quantum research efforts. Google\u2019s recent Willow processor<\/strong> and Microsoft\u2019s debut quantum chip<\/strong> represent significant milestones in a race to achieve quantum supremacy \u2014 the point at which quantum computers outperform classical ones on complex tasks.<\/p>\n\n\n\n The renewed momentum in quantum technology boosted related stocks, including D-Wave Quantum (QBTS)<\/strong>, Rigetti Computing (RGTI)<\/strong>, and IonQ (IONQ)<\/strong>, all of which climbed in Friday trading.<\/p>\n\n\n\n As quantum computing inches closer to commercialization, AMD\u2019s involvement in IBM\u2019s ecosystem could position it as a key enabler of the next great leap in computing power \u2014 potentially expanding its footprint far beyond the traditional CPU and GPU markets.<\/p>\n\n\n\n