Quantum Computing Stocks Plunge After Nvidia CEO Comments

  • by:
  • Source: ZeroHedge
  • 01/08/2025
IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing tumbled in premarket trading in New York on Wednesday after Nvidia CEO Jensen Huang stated that "very useful" quantum computers are years out. 

 

During a question-and-answer session during Nvidia's analyst day event, Evercore's Mark Lipacis asked Huang:

Thanks a lot for hosting the meeting. Really appreciate it. Jensen, you guys have made some announcements on quantum computing. Can you share with us your view on how this technology develops over time, what your strategy is? And longer term, pick the time frame, 5, 10, 15 years. What is the difference between what quantum computing will be doing versus accelerating computing platforms that you have?

Get latest news delivered daily!

We will send you breaking news right to your inbox

© 2025 louder.news, Privacy Policy