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A semiconductor technology company, Archer is the only ASX-listed company developing a quantum computing processor chip.

A semiconductor technology company, Archer is the only ASX-listed company developing a quantum computing processor chip.

Archer Materials agrees new quantum computing deal with IBM Archer Materials Ltd’s (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) CEO Dr Mohammad Choucair speaks to Proactive's Andrew Scott after announcing they've executed a new quantum computing agreement with International Business Machines Corporation (NYSE:IBM). As part of the new agreement Archer retains membership to the global IBM Quantum Network and the associated IBM Quantum Startup Program. Quick facts: Archer Materials Ltd Price: 0.85 AUD

Archer Materials shares rise after signing quantum computing agreement with IBM Archer is building a world-first qubit processor technology for quantum computing operation that could potentially operate at room temperature and integrate into modern electronics. Current quantum computing technologies can only operate at low temperatures and are difficult to integrate in modern electronics. Archer Materials Ltd’s (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) shares are trading about 5% higher intra-day after executing a new quantum computing agreement with International Business Machines Co...