Reported about 18 hours ago
Quantum computing stocks experienced a significant decline after Nvidia CEO Jensen Huang suggested that practical applications of the technology may be two decades away. This statement halted a year-long rally in the sector, with major companies like Rigetti Computing and IonQ witnessing drops of over 35%. Huang's comments have raised concerns about the future of quantum computing investments, particularly as companies are now expected to face prolonged timelines for achieving commercially viable quantum computers.
Source: YAHOO