Synergy of Quantum Chips and AI Models Propels Google's Stock to Record High
Magical Investor
December 19, 2024
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Synergy of Quantum Chips and AI Models Propels Google's Stock to Record High
With technology stocks constantly hitting new highs, let's talk about Google today.
As of the closing on December 18th, Google's stock price closed at $188.40, and in recent days, Google's stock price has also approached its all-time high.

And Google has indeed been very active these days, with good news coming one after another. First, the quantum chip emerged out of nowhere, and then it has been continuously releasing new updates in the field of AI.
Let's take a look at some of Google's major moves recently.
Gemini 2.0: The Thrill of Google's New Generation of Multimodal AI
First of all, there's Google's latest AI model, Gemini 2.0.
Gemini 2.0 represents a major leap for Google in the field of AI.
It is an AI model that natively supports multimodal input and output, which means it can simultaneously understand and process multiple types of information such as text, images, audio, and even video.
More importantly, Gemini 2.0 aims to be an intelligent assistant that can independently understand, plan, and execute tasks. Google has already launched prototypes such as Jules (a programming assistant) and the Colab data science agent based on Gemini 2.0, fully demonstrating its huge potential in fields like programming and data analysis.
There's no right to speak without practice, and I actually went to experience Gemini 2.0 myself.

It gave me the feeling that it far exceeded my expectations. Whether it was chatting with it via voice or video calls or asking it to recognize pictures, it all felt very smooth, without the stiffness of previous AIs, and it also has some more excellent functions compared to ChatGPT.
Its spatial understanding ability amazed me.
I think it is not only a powerful AI model but also a key to opening up a new era of AI.
I believe that in the near future, Gemini 2.0 will play an important role in more fields. When Gemini 2.0 has more practical implementations, it will also boost Google's stock price.
Shaking up the AI Circle! The New Quantum Chip Willow!
On December 10th, Beijing time, Google announced that it had developed a new quantum chip called Willow.
This chip with super computing power has achieved a critical breakthrough in the field of quantum computing in the past 30 years. It can complete tasks that would take today's computers 10 yotta (10 to the power of 25) years to complete in just 5 minutes. The research results were published in the journal Nature on December 9th.
After the news came out, the quantum information industry cheered, and the AI circle was also greatly shocked.
The major breakthroughs of Willow are manifested in two aspects: One is the significant increase in performance, that is, computing power.
The amount of computation it can do in 5 minutes is equivalent to what the fastest computer currently available would take 10 yotta (10 to the power of 25) years to complete. 10 to the power of 25 years is far longer than the age of the universe (about 13 billion years).
The contrast between 5 minutes and 10 to the power of 25 years shows just how terrifying the increase in its computing speed is.
The second is its powerful quantum error correction ability. I won't go into details about this as it's rather difficult for non-professionals to understand.
All in all, its computing power has increased significantly.
As a frontier field of the next-generation computing technology, quantum computing has immeasurable potential application value. From AI large models, drug discovery to nuclear fusion, battery design and many other fields, quantum computing is expected to bring revolutionary changes.
Currently, the concept stocks related to quantum computing in the US stock market have gone crazy, such as QUBT, and the one we mentioned earlier, WKEY, which are all closely related to the quantum field.
What's the future trend of Google?
Currently, Google's stock price is already at a historical high. As for whether it can continue to rise and for how long, it's really hard to say.
The current bull market in US stocks is a tech bull, a Nasdaq bull, and a bull for the seven US tech giants.
As the Christmas market is approaching, I think at least in the short term, this upward trend of Google has not yet reached its limit. As for the future? Who would doubt Google's long-term investment value? It has already been at the forefront of the world.