U.S. stocks closed | The three major indexes showed mixed performance, with the Nasdaq ending its four-day losing streak; the "Trump trade" hype continues, with Tesla rising over 5%, and DJT surging 16%.
Small cap stocks turned higher in late trading, with the chip index also rising over 1%. Nvidia cut its earlier 3.4% decline in half, Tesla surged 8.7% at one point, Ehang rose nearly 10% before reversing to a 7% decline, Xiaomi Group's ADR rose nearly 6%, and Bakkt, which is in talks with Trump media for acquisition, surged over 160% before being halted temporarily. Oklo, backed by Altman, surged 23% at one point, leading the nuclear power stocks.
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One week of noise simulation shortened to a few minutes, nvidia helps Google accelerate quantum processor design.
Using nvidia's CUDA-Q platform, Google can utilize 1024 H100 Tensor core GPUs on nvidia's Eos supercomputer to perform the world's largest and fastest quantum device dynamics simulation at a very low cost, capable of comprehensive simulation of a device with 40 qubits. A noise simulation that originally required a week can now be completed in a few minutes.
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