“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.

IBM and AMD have announced a collaboration aimed at developing the next generation of computing systems that integrate quantum computers, high-performance computing, and artificial intelligence accelerators,

AMD and IBM's partnership in hybrid quantum-classical computing targets a $130B market. Read here for an analysi of both the stocks.