Latest News In AI Chips - Quantum Computing: Classiq Advances With Major Funding Boost

Recent developments in the AI chips arena highlight significant investments in Classiq, a leader in quantum computing software. With tens of millions in new strategic funding from prominent industry players such as AMD Ventures, Qualcomm Ventures, and IonQ, Classiq has now secured over $200 million in total funding. This infusion of capital underscores the growing confidence in Classiq's enterprise-grade software platform, which aims to facilitate the seamless integration of quantum and classical computing systems. As quantum hardware matures, Classiq is focused on making quantum computing more accessible and scalable through its innovative AI-driven software solutions. The backing from both technology and financial giants emphasizes the critical role of software in the evolving landscape of quantum computing applications.

• QUALCOMM (NasdaqGS:QCOM) last closed at $174.50 down 1.2%.
• Advanced Micro Devices (NasdaqGS:AMD) last closed at $247.96 down 4.2%.

In other market news, Jentech Precision Industrial (TWSE:3653) was a notable mover up 3.8% and ending the day at NT$2,570.00, close to the 52-week high. On Wednesday, the company reported a significant increase in third-quarter sales and net income compared to the previous year. In the meantime, Kioxia Holdings (TSE:285A) trailed, down 23% to close at ¥10,025.

Qualcomm's strategic shift into AI, automotive, and IoT industries aims to rapidly diversify and strengthen its growth potential. Discover the full story and insights behind Qualcomm's strategic journey by clicking through to our detailed narrative.

For more on this topic, seize the opportunity to read our Market Insights article discussing the dominant role of AI chips in recent market dynamics and potential risks from concentrated investments.

Best AI Chip Stocks

• Micron Technology (NasdaqGS:MU) settled at $236.95 down 3.2%. On Thursday, the company announced shipping of its advanced automotive UFS 4.1 solution, enhancing AI performance for next-generation vehicles.
• NVIDIA (NasdaqGS:NVDA) closed at $186.86 down 3.6%.
• Intel (NasdaqGS:INTC) ended the day at $35.91 down 5.2%.

Summing It All Up

• Embark on your investment journey to our 78 AI Chip Stocks selection, featuring Microchip Technology, JCET Group and Montage Technology, right here.
• Looking For Alternative Opportunities? These 15 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "IonQ, AMD and Qualcomm Ventures Join Classiq Strategic Up-Round" from Classiq Technologies LTD on GlobeNewswire (published 13 November 2025)

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com