WiMi Develops Quantum Technology-Based QRAM Architecture, Shares Surge
Eli GrantThursday, Dec 26, 2024 12:15 pm ET

WiMi Hologram Cloud Inc. (NASDAQ: WiMi) shares are trading higher on Thursday, following the company's announcement of the development of a Quantum Technology-Based Random Access Memory Architecture, known as QRAM. This innovative architecture combines quantum logic gates such as the CNOT gate, V gate, and V+ gate to perform logical operations like AND, OR, NOT, and NOR within quantum systems, harnessing quantum properties like superposition and entanglement for enhanced computational efficiency.
Unlike traditional RAM, which operates sequentially, QRAM leverages quantum superposition to enable parallel data access, significantly speeding up operations. Quantum entanglement further improves efficiency by allowing multiple qubits to be correlated without direct communication, resulting in faster data transfer and processing. This design dramatically enhances computational performance, especially for large-scale tasks like molecular simulations and complex optimizations.
WiMi's QRAM architecture also integrates a quantum error correction mechanism, which ensures that qubit states remain stable and accurate during data read and write operations. This feature is crucial for maintaining reliability in quantum computing systems, where external disturbances can easily cause errors.
WiMi's development of QRAM marks a significant step forward in quantum technology, setting the stage for a future where quantum computers play a crucial role in solving complex real-world problems. The company's shares are trading higher by 13.3% to $1.27 at last check Thursday.

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