“By exploring how quantum computers from IBM and the advanced high-performance compute technologies of AMD can work together, we will build a powerful hybrid model that pushes past the limits of traditional computing,” Arvind Krishna, IBM chairman and CEO, said in a statement.

International Business Machines ($IBM) and Advanced Micro Devices ($AMD) are joining forces and announced a partnership to build what they call

Shares of Advanced Micro Devices (NASDAQ:AMD) rose 2.8%, while International Business Machines (NYSE:IBM) gained 0.9% after the two technology leaders unveiled a new partnership focused on next-generation quantum-focused supercomputing systems.