Quantum Computing Stocks Plummet After Nvidia CEO Predicts 20-Year Wait for Practical Technology

Reported about 16 hours ago

Shares of Rigetti Computing and IonQ plunged over 40% after Nvidia CEO Jensen Huang stated that 'very useful quantum computers' are likely two decades away. Despite significant gains in the sector over recent months, the stark warning from Huang at the CES trade show emphasized the need for classical computers to support quantum processing, leading to a sharp market reaction.

Source: YAHOO

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