市场见解

The Archer Materials (ASX:AXE) share price is up 60% in a month to a record high

This tech share has been on fire recently…
The post The Archer Materials (ASX:AXE) share price is up 60% in a month to a record high appeared first on The Motley Fool Australia. –

The Archer Materials Ltd (ASX: AXE) share price has been a strong performer again on Monday.

In afternoon trade, the semiconductor company’s shares are up over 8% to a new record high of $1.48.

This means Archer Materials shares are now up over 60% in the space of a month.

Why is the Archer Materials share price up 60% in a month?

A key driver of the Archer Materials share price gain has been the release of an announcement in the middle of the month in relation to its CQ qubit processor technology.

Archer is developing a qubit processor chip that could potentially operate at room temperature and integrate into modern electronics. Management notes that current quantum computing technologies are limited in ownership and use because they use qubit processors that can only operate at low temperatures or are difficult to integrate in modern electronics.

As a result, the successful development of Archer’s CQ room-temperature qubit processor chip could potentially provide a breakthrough solution to the widespread use and ownership of quantum computing powered technology.

What was this month’s announcement?

The announcement that got investors excited and has driven the Archer Materials share price to a record high revealed that development progress has been made with the first quantum information signals detected. This indicates on-chip qubit control.

This development means the company is on track towards achieving ‘qubit control’ under various qubit environments, including few and single qubits.

Archer Materials’ CEO, Dr Mohammad Choucair, commented: “Archer is making significant progress towards on-chip qubit control as part of its CQ chip development. We have the strongest indication yet that on-chip control of quantum information in our qubit material is within reach and entirely possible under miniaturisation conditions required for any future chip operation.”

Based on the current Archer Materials share price, the company has a market capitalisation of just under $340 million.

The post The Archer Materials (ASX:AXE) share price is up 60% in a month to a record high appeared first on The Motley Fool Australia.

Should you invest $1,000 in Archer Materials right now?

Before you consider Archer Materials, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Archer Materials wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of May 24th 2021

More reading

Why the Archer Materials (ASX:AXE) share price is up 30% in a week
Why the Archer Materials (ASX:AXE) share price is surging 12% higher

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!