Latest news with #photonicchips
South China Morning Post
3 days ago
- Business
- South China Morning Post
China's photonic chip debut to power AI, 6G and quantum computing advances, expert says
As China joins the international drive to mass produce high-performance photonic chips, an industry pioneer said the technical performance of its chips will position the country for major advances in artificial intelligence (AI), 6G and quantum computing Shanghai Jiao Tong University Chip Hub for Integrated Photonics Xplore (CHIPX) announced on June 5 that it had begun producing 6-inch (15.2cm) wafers for thin-film lithium niobate (TFLN) photonic chips, which rely on light – or photons – rather than electrical signals for information transmission and processing. While this is China's first pilot production line for photonic chips, Europe and the US are already established in the field. Dutch company SMART Photonics last year upgraded its line to process 4-inch InP wafers, and California-based PsiQuantum revealed in February that it was adapting a 300mm silicon photonics line. China's pilot production line, built on the new TFLN material, may have come later but it is already showing gains in terms of technical performance by overcoming a global limit for high-speed optical links. TFLN is an emerging high-performance optoelectronic material known for its ultra-fast electro-optic effect, high bandwidth and low power consumption. But its brittle nature has hindered large-scale manufacturing. The team at CHIPX worked for several years to create the country's breakthrough in photonic chips. Photo: Handout 'Establishing this stable production line is the result of nearly 15 years of effort,' said Professor Jin Xianmin, director of CHIPX.
South China Morning Post
4 days ago
- Business
- South China Morning Post
Tech war: Chinese institute begins photonic chip production despite US curbs
An institute affiliated with Shanghai Jiao Tong University has commenced production of photonic chips, marking a milestone in China's semiconductor sector and providing a boost to the country's quantum computing capabilities in spite of increased US export controls. Advertisement The Chip Hub for Integrated Photonics Xplore (CHIPX), located in Wuxi in eastern Jiangsu province, now produces 6-inch thin-film lithium niobate photonic chip wafers, according to local authorities. The development underscores China's ambition to mass produce photonic chips – a critical component for quantum computing and high-speed optical communication – using domestically developed technology and facilities. Photonic chips, also called photonic integrated circuits, use light particles to process and send information rather than relying on electrons. Major applications include data communications, agriculture, autonomous driving, biomedical technology, defence and aerospace. Established in 2021, the photonic chip project only began operations of its manufacturing facilities in September last year. It was recognised last month by the Ministry of Industry and Information Technology as a 'key national pilot platform'.
Yahoo
6 days ago
- Business
- Yahoo
Quantum Computing Inc. Hosts Ribbon-Cutting to Celebrate Grand Opening of Quantum Photonic Chip Foundry in Tempe, Arizona
Facility Accelerates Multi-Phase Growth Strategy in Quantum and Datacom Markets TEMPE, Ariz., May 13, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, celebrated the grand opening of its quantum photonic chip foundry located in Tempe, Arizona at a ribbon cutting ceremony on May 12, 2025. The event was attended by Tempe Mayor Corey Woods, along with multiple government officials and industry leaders, who gathered to mark this milestone and highlight the community and industry benefits of the new state-of-the-art facility. "The opening of this foundry by Quantum Computing Inc. represents the kind of forward-looking investment we want to attract to Tempe," said Mayor Corey Woods. "Not only does it bring high-tech jobs and economic development to our city, it also cements Tempe's growing reputation as a hub for innovation in quantum technologies and advanced manufacturing." The facility represents a milestone in QCi's strategic roadmap to meet growing global demand for thin-film lithium niobate (TFLN) photonic chips and accelerate the commercialization of its next-generation quantum machines. Construction of the foundry was completed in March 2025, followed shortly by the finalization of its upgraded ISO certification ahead of schedule. The state-of-the-art facility is now operational, fulfilling existing customer pre-orders, and is positioned to scale production capacity to address rising demand across datacom, telecom, advanced sensing, and quantum computing markets. The Tempe foundry is a specialized facility designed to serve customers seeking U.S.-based manufacturing of high-performance photonic chips, while laying the groundwork to supply critical components for QCi's proprietary quantum computing machines. "The opening of our quantum photonic chip foundry is a milestone achievement in QCi's growth strategy, strengthening our manufacturing capabilities, supporting near and long-term revenue growth, and positioning us to accelerate innovation in both quantum and nanophotonic markets," said Dr. Yuping Huang, Interim Chief Executive Officer of QCi. "By controlling our supply chain and scaling chip production domestically, we are uniquely positioned to deliver value to customers while advancing our own quantum hardware development. I'd like to thank outgoing CEO Dr. Bill McGann for his leadership and dedication in bringing this foundry to completion. It was a privilege to join him at the ribbon cutting ceremony to mark this achievement." QCi's Chief Revenue Officer, Dr. Pouya Dianat commented, "This grand opening is commercially significant to QCi. With the foundry operational, our near-term focus is to fulfill existing customer pre-orders and expand sales across datacom, telecom, and advanced sensing markets. We expect to see modest initial revenue from the fab this year, and as we scale and bring more customers online, we anticipate revenue growth starting to accelerate in 2026." The launch of the Tempe foundry is a cornerstone of QCi's broader multi-phase growth strategy, which includes scaling capacity to meet evolving customer needs, enhancing vertical integration to accelerate internal product development, and expanding into emerging quantum computing markets. About Quantum Computing Inc. Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines and TFLN foundry services to the world today. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications. Company Contact: Rosalyn Christian/John Nesbett IMS Investor Relations qci@ Forward-Looking Statements This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of QCi and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the growth rate of the market, timing of revenue recognition and our ability to innovate and deliver products, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, QCi undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. View original content to download multimedia: SOURCE Quantum Computing Inc.
Yahoo
18-05-2025
- Business
- Yahoo
Why Quantum Computing Stock Is Skyrocketing Today
Quantum Computing reported Q1 earnings, showing a net profit. The company completed construction of its Quantum Photonic Chip Foundry in Tempe, Arizona. Quantum computing technology is still in its infancy. 10 stocks we like better than Quantum Computing › Shares of Quantum Computing (NASDAQ: QUBT) are soaring on Friday. The company's stock jumped 34.5% as of 1:32 p.m. ET. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) gained 0.4% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.2%. The quantum computing company reported its Q1 earnings, posting a net profit. Quantum Computing reported Q1 earnings of $17 million, or $0.11 per share, a major jump from the loss of $6.4 million or $0.08 per share in the year-ago period. While investors are rewarding the company's shift to profitability, the quarter is likely an aberration. The company attributed the change to "a $23.6 million noncash gain on the mark-to-market valuation of the Company's warrant liability as a result of our merger with QPhoton in June 2022." In other words, it was a function of accounting, not a material change in its business. There is certainly positive momentum operationally, however. During the quarter, Quantum Computing completed construction of its Quantum Photonic Chip Foundry in Tempe, Arizona, a facility designed to manufacture its specialized photonic chips for quantum computing and communications applications. Interim CEO Dr. Yuping Huang was optimistic, noting the company is "encouraged by our early traction, which is the first step in what we believe is a significant, multiyear opportunity to serve the expanding markets in datacom, telecom, and quantum-enabled applications." While there are positive developments here, quantum computing is many years away from real viability in commercial applications. It will be a long time before any company is able to produce a solution that is robust, powerful, and stable enough to generate a return on investment. Quantum Computing's technology shows promise, but it is too early to tell which approach and which companies will succeed. If you are an investor with a particularly high risk tolerance and the ability to wait a decade or more for your investment to pay off, Quantum Computing is a solid addition to your portfolio, but you should look to spread your quantum investment around to many companies in the space. Before you buy stock in Quantum Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Quantum Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $635,275!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,385!* Now, it's worth noting Stock Advisor's total average return is 967% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Quantum Computing Stock Is Skyrocketing Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
