Quantum Stocks Face Turbulence After Nvidia CEO's Remarks

Reported about 12 hours ago

Quantum computing stocks have experienced significant declines following comments from Nvidia's CEO, who stated that practical applications for quantum technology are likely over a decade away. This sharp reduction in stock prices follows a year of massive gains, with some companies seeing losses exceeding 60% since the start of 2025. Investors are becoming increasingly skeptical, with short selling on quantum stocks intensifying and options trading reaching record levels amid the uncertainty.

Source: YAHOO

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