Key Takeaways Google parent Alphabet's shares rose more than 5% Tuesday after the company unveiled a "breakthrough" quantum computing chip called Willow.Willow can complete computations in minutes that would take supercomputers 10 septillion years,

Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.

Alphabet shares rose a day after Google said it developed a new chip that moves a step forward in the tech industry’s longtime dream of developing commercially relevant quantum computing. The chip, called Willow,