💥Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Archer Materials partners with GlobalFoundries to advance 12CQ chip fabrication

Published 06/09/2022, 09:43 am
Updated 06/09/2022, 10:00 am
© Reuters.  Archer Materials partners with GlobalFoundries to advance 12CQ chip fabrication
QUAN
-
QUBT
-

Archer Materials Ltd (ASX:AXE, OTC:ARRXF) is advancing the industrial fabrication of its 12CQ quantum chip technology through a partnership with GlobalFoundries® (GF), one of the world’s leading semiconductor manufacturers.

The technology company developing advanced semiconductor devices will work with GF on device and circuit design, technology development and high-volume chip fabrication.

“Archer is now positioned to leverage the expertise and capabilities of a tier-one semiconductor manufacturer to accelerate the development of the 12CQ quantum computing chip technology,” Archer CEO Dr Mohammad Choucair said.

World’s first

Archer is developing the 12CQ chip, a world-first qubit processor technology that could potentially allow for quantum computing-powered mobile devices.

Quantum technology has the ability to accelerate drug and materials development, improve secure communications, enhance national security, as well as increase productive mineral exploration.

Current quantum computing qubit architectures rely on custom-made fabrication, unlike modern classical computing circuits that are manufactured in, and using, well-established industrial semiconductor facilities.

Integrating qubit materials with existing industrial-scale foundries is a significant challenge in developing quantum processors.

Archer's cooperation with GF will explore integrating its unique qubit material with mobile-compatible devices that are suitable for industrial-scale semiconductor nanofabrication.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.