Abstract
We solve nonequilibrium dynamical mean-field theory (DMFT) using matrix product states (MPS). This allows us to treat much larger bath sizes and by that reach substantially longer times (factor similar to 2-3) than with exact diagonalization. We show that the star geometry of the underlying impurity problem can have substantially better entanglement properties than the previously favored chain geometry. This has immense consequences for the efficiency of an MPS-based description of general impurity problems: in the case of equilibrium DMFT, it leads to an orders-of-magnitude speedup. We introduce an approximation for the two-time hybridization function that uses time-translational invariance, which can be observed after a certain relaxation time after a quench to a time-independent Hamiltonian.