Corporate$INTC5:20 PM ET

Intel CEO: company could be full-stack, revenue-generating quantum-computing firm after Classiq acquisition

By BORSA NewsroomPublished Oct 29, 2026, 5:20 PM EDTUpdated Oct 29, 2026, 5:23 PM EDT

Intel CEO Lip-Bu Tan stated that following the acquisition of Classiq, Intel aims to become a full-stack quantum-computing company that generates revenue. No further details on timeline or financial targets were provided.

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WHAT WE KNOW

Intel CEO Lip-Bu Tan made the statement.