Wall Street Breakfast IBM unveils Quantum Nighthawk processor
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Nov 12, 2025 IBM reveals its groundbreaking Quantum Nighthawk processor, boasting 120 qubits on the path to quantum advantage. AT&T receives a rating boost thanks to its fiber expansion strategy. The IEA pushes peak oil demand forecasts to 2050, predicting an increase to 113 million barrels per day. Additionally, the FDA's new leadership is viewed positively for drug stocks, while analysts highlight healthcare stock opportunities amid market shifts. BlackRock Coffee Bar reports impressive growth and outlines ambitious expansion plans.
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IBM's Nighthawk And Ambitious Roadmap
- IBM introduced the Quantum Nighthawk processor, linking 120 qubits with 218 tunable couplers and running 30% more complex circuits than its predecessor.
- IBM projects quantum advantage next year and fault-tolerant quantum computing by 2029, signaling a rapid roadmap for scaling quantum capabilities.
Open Tracking And IBM's Competitive Claim
- IBM published experimental results with partners and plans an open community quantum advantage tracker to measure progress.
- Jay Gambetta claims IBM uniquely can invent and scale software, hardware, fabrication, and error correction to unlock transformative applications.
AT&T Upgrade Suggests Buy Opportunity
- KeyBank upgraded AT&T to overweight citing its fiber expansion and the Spectrum acquisition as strategic moves.
- Investors may consider AT&T as a buy if they believe convergence and fiber growth will drive long-term returns.