Canaccord Genuity Maintains Buy on Xanadu Quantum, Lowers Price Target to $34

UPDATE -- Canada-Japan Support Advances Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research

Xanadu Quantum Technologies and Mitsubishi Chemical have announced the second phase of their collaboration to advance quantum computing applications in semiconductor fabrication, specifically for extreme ultraviolet (EUV) lithography. The partnership, supported by Canada's National Research Council Industrial Research Assistance Program (NRC IRAP) and Japan's Strategic Innovation Promotion Program (SIP), aims to develop a fault-tolerant quantum computing-ready software pipeline to identify materials that prevent radiation-induced blurring in chip manufacturing.

Xanadu Quantum Announces Next Phase Of Collaboration With Mitsubishi Chemical To Advance Semiconductor Fabrication Technologies Using Quantum Computing Algorithms

Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, has announced the next phase of its collaboration with Mitsubishi Chemical, a major Japanese chemical

Tiger Global Management Sold Holding In Xanadu Quantum Technologies Ltd.