
Alphabet Inc.'s shares have surged approximately 30% since a September low, with a notable 6% increase following the announcement of its Willow quantum chip. This breakthrough in quantum computing has elicited a positive response from the markets, reflecting investor confidence in the company's advancements in artificial intelligence and other technologies. The company is also making strides in AI product execution, which has revitalized its corporate culture. Additionally, FormFactor, a cooling system provider, is noted for its significant role in the quantum computing sector, with claims that 99.9% of quantum operations in the U.S. utilize its products, serving major players like IBM, Google, Microsoft, and Intel. Despite Alphabet's stock performance, FormFactor's market capitalization remains at approximately $3 billion, raising questions about its valuation in the context of the growing quantum computing market.
Alphabet $GOOG stock gains as AI innovations boost investor confidence https://t.co/pPtFXd0fOL https://t.co/JhwZv8ohBA
This quote from FormFactor's investor relations is compelling: "99.9% of the quantum computing operations in the United States are using us, big players IBM, Google, Microsoft, Intel... We are the only North American supplier." $FORM (h/t @pennycheck)
Googsters HOD $GOOG $GOOGL https://t.co/gIatNVbyQv