Reported 2 days ago
Quantum computing stocks experienced a significant rise after Nvidia CEO Jensen Huang announced that the technology is reaching an 'inflection point' during a developer conference. Huang's optimistic remarks contrasted sharply with his earlier comments from January, which had predicted that practical quantum computers were still two decades away. Companies like Quantum Computing (QUBT), Rigetti Computing (RGTI), and IonQ (IONQ) saw notable stock gains, spurred by Huang's belief that quantum computers would soon be capable of addressing complex problems. This follows IBM's announcement of developing a large-scale quantum computer meant to function without errors by 2029, marking important progress in the field.
Source: YAHOO