Quantum computing stocks take a hit

Nvidia CEO Jensen Huang just tanked quantum-computing stocks after saying their most exciting developments are more than a decade away
Shares of quantum-computing companies that skyrocketed in 2024 collapsed by double digits Wednesday after Nvidia CEO Jensen Huang said practical uses for quantum computing were more than a decade away.
Nvidia CEO Jensen Huang Just Delivered Terrible News for Quantum Computing Stocks
The quantum computing rally came to an abrupt end on Wednesday following comments from Nvidia CEO Jensen Huang. During a question-and-answer session with analysts, Huang put forth a more pessimistic view of the quantum computing timeline:
Rigetti Computing Wrecked After Nvidia CEO's Comments on Quantum Computing
CEO Jensen Huang lit the entire quantum computing sector on fire last night after saying the technology won’t be “very useful” for at least 15 years and maybe as many as 30 years. He may as well have poured gasoline on the industry and thrown in a lit match.
Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away
Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.
D-Wave CEO says Nvidia CEO Jensen Huang is “dead wrong” about quantum computing
In response, D-Wave CEO Alan Baratz asserted in a LinkedIn post that Huang has a “misunderstanding of quantum,” adding that, while the founder and CEO of the second-largest company in the world might be right about other quantum companies, he is “dead wrong” about D-Wave.
Nvidia CEO Sends Quantum Stocks Lower: Poll Finds Over 50% Pick Rigetti Or Skip For 2025
In a recent poll, Benzinga readers picked their favorite quantum computing stock for 2025. What Happened: After a stellar 2024 for quantum computing stocks, 2025 may have different plans, with NVIDIA Corporation CEO Jensen Huang providing caution for the timetable of the technology.
Rigetti, IonQ stocks plunge after Nvidia CEO says 'useful' quantum computing is decades away
Rigetti Computing, IonQ, and other quantum stocks fell more than 40% after Nvidia CEO Jensen Huang told Wall Street analysts that “very useful quantum computers” are likely 20 years away.
Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead
Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away.
Why Rigetti Computing Stock Is Plummeting This Week
With the stock market closed today in remembrance of President Jimmy Carter, Rigetti Computing has only seen three days of trading so far this week. But even with the abbreviated trading session, the ...
An Investigation Has Commenced on Behalf of Rigetti Computing, Inc. Shareholders Contact Levi & Korsinsky to Discuss your RGTI Losses
NEW YORK, NY / ACCESSWIRE / January 9, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Rigetti ...
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Rigetti Stock Crashes 45% After NVIDIA's Comments: Key Levels to Watch Now
Rigetti stock has seen a meteoric rise in its value over the last three months as investors have become aware of quantum ...
How Nvidia CEO Jensen Huang's one sentence wiped out $8 billion in market cap of quantum computing companies
Nvidia CEO Jensen Huang's remarks about the long timeline for quantum computing's commercial viability led to an $8 billion ...