Written by 10:56 AM Tech

The news about the government’s development of a 1,000-qubit quantum computer led to Korea Advanced Materials closing at the upper limit.

**Stock Highlights**

Following the government’s announcement of investment plans to secure key technologies in AI (artificial intelligence) and quantum computing, stocks related to quantum computers closed higher.

On the 13th, in the stock market, Korea Advanced Materials, a stock related to quantum computers, closed trading at 6,390 KRW, up by the maximum price limit of 29.88%. Other stocks like KCS (17.12%), Biolog Device (8.26%), ICTK (5.01%), Woollo (4.65%), and Coveway (3.81%) also closed higher.

On that day, the Ministry of Science and ICT held a meeting of the National Science and Technology Advisory Council’s Operations Committee and announced that it would invest 6.4 trillion KRW in 12 national strategic technologies, including semiconductors and displays this year, and 3.4 trillion KRW in game-changer technologies such as AI and quantum technologies.

The government also plans to actively push for the establishment of a National AI Computing Center and AI semiconductor innovation projects. They aim to secure core technologies by developing a 1,000-qubit quantum computer and establishing a public bio-foundry.

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