Intel Confirms Raptor Lake Next Through Internal Drivers and Shipping Manifests

Intel acquired Israeli startup Classiq for $2.2B to enter the quantum computing market, a move aimed at controlling the value chain. The acquisition is seen as a strategic bet, though investors are uncertain. Intel is the only Big Tech company to make a major quantum acquisition, with others like Google and Microsoft treating it as experimentation. Intel's financial health has improved under CEO Lip-Bu Tan, but its acquisition history is mixed.

Quantum computing stocks surged after Intel's $2.3B acquisition of Classiq. Rigetti (RGTI) +8.74%, IonQ (IONQ) +7.12%, and others rose. Intel aims to combine Classiq's software with its quantum hardware. Despite gains, many stocks are down year-to-date. The Nasdaq also rose 1.2%. Deal expected to close in 2027.

Intel plans to acquire Classiq, an Israeli quantum software company, to combine its hardware with Classiq's software and enterprise customers, aiming to commercialize its decade-long quantum research. The deal, expected to close in 2027, will maintain Classiq's support for competing quantum hardware. Intel did not disclose financial terms, but Calcalist reported a $2.3B valuation.

Intel agreed to acquire Israeli quantum computing software firm Classiq for a reported $2.3 billion, combining its hardware with Classiq's software to accelerate quantum computing adoption. The deal is expected to close in the first half of 2027, according to Intel.

Intel announced a deal to acquire Classiq, an Israeli quantum computing software provider, for approximately $2.3 billion. The acquisition aims to create a full-stack quantum computing platform, combining Classiq's software with Intel's hardware. The transaction is expected to close in the first half of 2027, subject to regulatory approvals. Intel has been investing in quantum computing since 2015 and sees this as a strategic move to expand its computing portfolio.

Intel has agreed to acquire Classiq, a quantum computing software company, to develop a full-stack quantum computing platform. The deal, expected to close in early 2027, will combine Intel's spin-qubit technology with Classiq's hardware-independent software. Intel aims to accelerate QPU commercialization and expand its product portfolio.