Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

Its Majorana 1 chip, made of a new material, can perform high-level computing tasks with greater speed and accuracy, Microsoft says.

Microsoft has announced a groundbreaking advancement in quantum computing with the introduction of its Majorana 1 chip. This innovative chip promises to bring the dream of quantum computing closer to reality in a matter of years rather than decades.