According to Zhijun Finance APP, on Monday, Google (GOOG.US, GOOGL.US) launched its so-called "incredible" quantum computing chip. The tech giant stated in a study published in Nature that this chip, named "Willow", is capable of processing complex calculations in 5 minutes, while the world's most powerful supercomputer would take "10 to the power of 25 years" to complete the same task.

Google CEO Sundar Pichai stated on the X platform: "We believe that Willow is an important step in building practical quantum computers, and it has real applications in fields such as drug discovery, fusion energy, and battery design."

After the news was released, Google’s stock price rose 0.46% on Monday. Quantum computing stocks in the U.S. showed mixed results on Monday, with Rigetti Computing (RGTI.US) rising more than 2%, IonQ Inc (IONQ.US) falling by 10%, and D-Wave Quantum (QBTS.US) dropping more than 8%.