Quantum Computing Stocks Collapse: Here's Why
The drop in stocks came after Nvidia CEO Jensen Huang's Q&A with analysts at CES in Las Vegas. When answering a question about the future of quantum computing, he said the timeline may be between 15 and 30 years until there is "very useful" quantum computers. This is the relevant quote from Huang:
First, D-Wave Quantum CEO Alan Baratz said that Huang was “dead wrong.” He said that his company is “commercial today,” and ...
IonQ ( NYSE: IONQ) Chairman and CEO Peter Chapman issued an update on Friday and said he expects bookings for the quantum ...
The quantum computing rally came to an abrupt end on Wednesday following comments from Nvidia CEO Jensen Huang. During a ...
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Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers ...
Live Updates Momentum Stocks Crash 3:53 pm As we near the closing bell, major indexes are generally flat today. The Nasdaq is ...
Wave fell sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.
Although quantum computing stocks may appear as deep-value prospects, investors should carefully assess the underlying data.
Despite its less-than-stellar start, IonQ (IONQ -39.00%) stock ended 2024 on a high note: It closed 237% above its 2023 closing price, according to data from S&P Global Market Int ...
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