Jensen Huang S Comment On Quantum Computers Draws The Ire From Industr

Bonisiwe Shabane

-Jan 2, 2026, 2:33 AM

jensen huang s comment on quantum computers draws the ire from industr

CAG audit found that India’s flagship skilling programme prioritised certificates over jobs, exposing deep flaws. Karnataka was among the first to roll out a data centre policy, but the implementation on the ground is sluggish With an advanced traffic management system, Bengaluru has reduced travel time by up to 20% in some corridors. The contrast playing out across southern India highlights how decisively infrastructure readiness, policy execution, and speed shape tech investment outcomes. From AI workloads to enterprise cloud adoption, data centres could become foundational drivers of India’s GDP growth. Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, U.S., March 20, 2025.

Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years. At Nvidia's "Quantum Day" event, part of the company's annual GTC Conference, Huang admitted that his comments came out wrong. "This is the first event in history where a company CEO invites all of the guests to explain why he was wrong," Huang said. In January, Huang sent quantum computing stocks reeling when he said 15 years was "on the early side" in considering how long it would be before the technology would be useful. He said at the time that 20 years was a timeframe that "a whole bunch of us would believe." At GTC 2025 in San Jose, Calif.

today (Mar. 20), Nvidia hosted its first ever Quantum Day, an event to explore how quantum technology could impact industries. It featured a panel discussion led by CEO Jensen Huang, alongside executives from leading quantum computing companies like Atom Computing, D-Wave, Infleqtion, QuEra, IonQ, Pasqal and Quantinuum. Huang took the stage to clarify his statement in January that practical quantum computers were still 15 to 30 years away—which caused the stock prices of several quantum computing companies to plummet. By clicking submit, you agree to our <a href="http://observermedia.com/terms">terms of service</a> and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime.

“I said it will take years to achieve was always because of the sheer complexity of the technology. When stocks went down, I didn’t even realize these companies were public,” said Jensen. “Today, I am here to invite every quantum company CEO to prove me wrong. This panel is a therapy session for me,” he added jokingly. But more importantly, Huang announced that Nvidia is investing in a new Boston-based research facility to accelerate quantum computing innovations. The Nvidia Accelerated Quantum Research Center (NVAQC) will focus on integrating A.I.

supercomputing with quantum systems, particularly emphasizing quantum error correction—a critical hurdle in making quantum computing practical. The new center will collaborate with Harvard’s Quantum Initiative and MIT’s Engineering Quantum Systems group and quantum companies including Quantinuum, Quantum Machines and QuEra Computing. Huang first welcomed Alan Baratz, CEO of D-Wave, with a smile and a handshake. During the panel discussion, Baratz pointed to scientific applications where quantum computing is already playing a vital role. “There are problems in the world today that classical computing, or even A.I. alone, can’t solve,” said Baratz.

“Think about accurate weather forecasting or drug discovery. Quantum computing can also help A.I. models become more power-efficient.” Huang said quantum has "potential" weeks after negativity tanked stocks When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

Nvidia CEO Jensen Huang has stepped back from his prediction that practical quantum computing applications are decades away following comments that sent stocks spiraling in January. At Nvidia GTC’s "Quantum Day" event, Huang took a conciliatory tone to the quantum industry, comparing quantum to the GPUs made by Nvidia, noting the latter took plenty of time to make an impact. "This is the first event in history where a company CEO invites all of the guests to explain why he was wrong," Huang said, according to CNBC, while opening an event that had a... Amazon warns over 300 million users of major Black Friday impersonation scams targeting personal data What is Canada’s new colour-coded alert system and how it will ensure public safety during extreme weather Canada launches new alert system for extreme weather; Colour-coded system marks shift to impact-based forecasting

Canadian Olympic swimming champion Penny Oleksiak suspended for two years over anti-doping whereabouts failures Who is Colleen Jones? Two-time World champion curler and veteran Canadian broadcaster dies at 65 D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that those computers would need 1 million times the number of quantum processing units, called qubits, than they currently...

Getting “very useful quantum computers” to market could take 15 to 30 years, Huang told analysts. Huang’s remarks sent stocks in the nascent industry slumping, with D-Wave plunging 36% on Wednesday. “The reason he’s wrong is that we at D-Wave are commercial today,” Baratz told CNBC’s Deidre Bosa on “The Exchange.” Baratz said companies including Mastercard and Japan’s NTT Docomo “are using our quantum computers... Whether quantum computers will be useful in the near future is a debated topic—and Nvidia CEO Jensen Huang has just weighed in. "If you kind of said 15 years for very useful quantum computers, that'd probably be on the early side. If you said 30, is probably on the late side.

But if you picked 20, I think a whole bunch of us would believe it," Huang said during a Q&A with analysts. If he's right, this means we won't see effective quantum computers until 2045. This month, Huang also hinted at more AI plans, unveiled the anticipated RTX 50 Series GPUs, and announced a small desktop computer known as Project DIGITS with its Blackwell GPU inside and an expected... Nvidia's stock has soared over 160% in the past year, largely due to continued AI hype. In the past day, quantum firms D-Wave and IonQ both saw their respective stock prices fall more than 35%. The field of quantum computing hasn't gotten nearly as much hype as generative AI and the tech giants promoting it in the past few years.

Right now, part of the reason quantum computers aren't currently that helpful is because of their error rates. Nord Quantique CEO Julien Lemyre previously told PCMag that quantum error correction is the future of the field, and his firm is working on a solution. The errors that qubits, the basic unit of information in a quantum machine, currently make result in quantum computers being largely unhelpful. It's an essential hurdle to overcome—but we don't currently know if or when quantum errors will be eliminated. Nvidia CEO Jensen Huang is growing more bullish about quantum computing — and he expects they'll start solving real-world problems in the coming years. "Quantum computing is reaching an inflection point," Jensen declared during his keynote speech at Nvidia's GTC Paris developer conference Wednesday.

Quantum computers are machines that use the laws of quantum mechanics to solve problems too complex for classical computers, which store information in bits (ones and zeroes). Quantum computers use quantum bits, or "qubits," which can be zero, one or something in between — the aim being to process much larger volumes of data to facilitate breakthroughs in areas like medicine,... Quantum has been a buzzy space for investors with the rise of several popular stocks, such as Rigetti Computing and IonQ, which on Monday acquired Oxford Ionics for $1.1 billion. Shares of Rigetti and IonQ were up 4.5% and 3.7% respectively in U.S. premarket trading. A single statement from Nvidia CEO Jensen Huang during an analyst event at CES has triggered a massive selloff in the quantum computing sector, erasing approximately $8 billion in market value, according to reports.

Huang suggested that bringing “very useful quantum computers” to market could take 15 to 30 years, citing the need for quantum processors, or qubits, to increase by a factor of 1 million. Quantum computing stocks crash after AI godfather Jensen Huang exploded the quantum computing bubble w/3 lines: "If you said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30 is probably on the late side. But if you picked 20, I… pic.twitter.com/8XG4xYZEBv — Holger Zschaepitz (@Schuldensuehner) January 8, 2025 Huang’s comment had a ripple effect.

The quantum computing companies’ stocks have witnessed a sharp decline ever since. For instance, IonQ shares fell over 31.65%, while Rigetti Computing dropped by 37.25%, and D-Wave Quantum saw its stock tumble down by 25.61% after Huang’s statement.

Jensen Huang S Comment On Quantum Computers Draws The Ire From Industr

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