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.

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:

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 sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away.

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.

Wave fell sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.

AI agents are quickly becoming part of the workforce, and as NVIDIA's CEO Jensen Huang pointed out at the Consumer Electronics Show in Las Vegas, Nevada, this week, companies are going to have to figure out how best to work with them.

The ChatGPT moment for robotics is coming,’ Huang said. Here’s why. Following his blockbuster keynote address at the 2025 Consumer Electronics Show in Las Vegas, Nvidia founder and CEO Jensen Huang shared more about his vision of a future where AI,

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday.

There may be more in store for the processor Nvidia co-developed with MediaTek for its Project Digits AI supercomputer.

Famous chip manufacturer Nvidia has launched an artificial intelligence (AI) model 'Cosmos', which will train robots and machines by learning from humans. The world's second most valuable company after Apple introduced the Cosmos Foundation Model during the annual technology conference CES-2025 in Las Vegas.