Western Digital (WDC) has made a strategic investment of an undisclosed amount in Qolab, the quantum computing-focused startup said Thursday.
Using Western Digital's nanofabrication capabilities and Qolab's approach to quantum hardware design, the companies aim to advance next-generation nanofabrication processes that improve qubit performance, reliability, and scalability, Qolab said.
Western Digital shares were down 1.1% in recent Thursday premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments