Shares of leading firms nose-dive after Nvidia’s Jensen Huang suggests a generational wait for fully functional quantum tech. We’ve been told that the future is now, but it seems it’s not quite here yet—at least not for quantum computing.

Shares of Quantum Computing are on the rise as the artificial intelligence (AI) narrative continues to gain steam.

Quantum computing companies have surged recently but Nvidia CEO Jensen Huang had a disappointing message for the sector.

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.

Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.

Quantum computing stocks have soared over the past few months. Nvidia CEO Jensen Huang recently commented that the technology is likely still decades away from being useful, sending quantum computing stocks plunging.