Microsoft has made significant strides in quantum computing with the introduction of its Majorana 1 chip, which the company claims demonstrates a new state of matter that could lead to practical quantum computers in just a few years. This development is positioned as a major milestone in the pursuit of quantum supremacy, marking over 17 years of research and innovation. The Majorana 1 chip, powered by topological qubits and a novel type of superconductor, aims to address the longstanding challenges in creating stable and scalable quantum computers. As quantum stocks saw a surge following the announcement, Microsoft asserts that the advancements showcased by Majorana 1 could accelerate the timeline for tangible quantum applications, with expectations of meaningful progress within years rather than decades.