Group CEO outlines $510 million investment plan focusing on data center, semiconductor, and battery manufacturing.
The array sets a new record for universal gate-based quantum computers.
Data center sales for the chip giant totaled $1.6 billion in the third quarter.
Executives said AI is driving demand, and memory chip inventories are rapidly declining.
China is building up a massive production capacity of foundational chips, which are widely used in smartphones and data centers.
US tech giant is keeping pace with a broader rally in chip-industry stocks this year.
Machine learning firm CentML raises $27 million amid AI gold rush.