Quantum Stocks Drop as Nvidia CEO Sees Use Years Away

Category: Finance

Shares of IonQ Inc. and other quantum computing companies fell sharply after Nvidia CEO Jensen Huang stated that practical quantum computers are likely decades away. Stocks like Quantum Computing Inc. and D-Wave Quantum Inc. dropped over 30%, reflecting a significant market reaction to Huang's comments, which also affected Chinese quantum firms.

Keywords: Quantum Computing, Stock Market, Nvidia

Source: Yahoo Finance

Update At: 1/9/2025

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