Microsoft announced a significant milestone in quantum computing with the unveiling of its Majorana 1 chip, a development that sent shares of quantum computing companies higher on Thursday. The breakthrough marks a key step in Microsoft’s 17-year research effort and aims to accelerate the path toward building large-scale quantum computers.

Microsoft on Wednesday announced Majorana 1, its first quantum computing chip. The achievement comes after the company has spent nearly two decades of research in the field.

Microsoft has introduced first quantum computing chip called Majorana 1, which could bring the tech world one step closer to quantum computers. What is a quantum computing chip?A quantum chip is a tiny piece of hardware that uses