IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing tumbled in premarket trading in New York on Wednesday after Nvidia CEO Jensen Huang stated that "very useful" quantum computers are years out.
Here's the full Q&A between Lipacis and the Nvidia CEO:
Huang's timeline for practical quantum computing appears to be 2040, sending shares of quantum computing stocks, such as Quantum Computing Inc., D-Wave Quantum Inc., and Rigetti Computing Inc., tumbling more than 14% in premarket trading, while IonQ slid about 10%.
Quantum computing stocks erupted in late 2024 after Google-parent Alphabet announced its latest quantum-computing chip, "Willow," as a "breakthrough."
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