I'm talking about quantum computing, a technology relying on quantum mechanics to tackle problems that are impossible to solve today. The quantum computing market may add more than $1 trillion to the global economy between this year and 2035,

Its Majorana 1 chip, made of a new material, can perform high-level computing tasks with greater speed and accuracy, Microsoft says.

Quantum computing stocks advanced on Thursday after Microsoft launched a new chip that indicated the technology is not "decades away" as stated by the top boss of AI chip bellwether Nvidia.