The IBM 7030, also known as Stretch, was IBM

IBM

International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

's first transistorized

Transistor computer

A transistor computer is a computer which uses discrete transistors instead of vacuum tubes. The "first generation" of electronic computers used vacuum tubes, which generated large amounts of heat, were bulky, and were unreliable. A "second generation" of computers, through the late 1950s and...

 supercomputer

Supercomputer

A supercomputer is a computer at the frontline of current processing capacity, particularly speed of calculation.Supercomputers are used for highly calculation-intensive tasks such as problems including quantum physics, weather forecasting, climate research, molecular modeling A supercomputer is a...

. The first one was delivered to Los Alamos National Laboratory

Los Alamos National Laboratory

Los Alamos National Laboratory is a United States Department of Energy national laboratory, managed and operated by Los Alamos National Security , located in Los Alamos, New Mexico...

 in 1961.

Originally priced at $13.5 million, its failure to meet its aggressive performance estimates forced the price to be dropped to only $7.78 million and its withdrawal from sales to customers beyond those having already negotiated contracts. Even though the 7030 was much slower than expected, it was the fastest computer in the world from 1961 until the first CDC 6600

CDC 6600

The CDC 6600 was a mainframe computer from Control Data Corporation, first delivered in 1964. It is generally considered to be the first successful supercomputer, outperforming its fastest predecessor, IBM 7030 Stretch, by about three times...

 became operational in 1964.
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