University of Kwazulu-Natal

Nivida S Ceo Says Truly Useful Quantum Computers Are A Couple Of

Bonisiwe Shabane
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nivida s ceo says truly useful quantum computers are a couple of

An engineer by training. A science and tech journalist by passion, vocation, and conviction. I've been writing professionally for over two decades, and I suspect I still have a long way to go. At Xataka, I write about many topics, but I mainly enjoy covering nuclear fusion, quantum physics, quantum computers, microprocessors, and TVs. Jensen Huang, the co-founder and CEO of Nvidia, recently made some remarks that have stirred quite a reaction. “If you kind of said 15 years … that’d probably be on the early side.

If you said 30 years, it’s probably on the late side. But if you picked 20 years, I think a whole bunch of us would believe it,” he said during an investor conference. Interestingly, Huang’s comments have led to a massive drop in the shares of several companies involved in the development of quantum computers. Huang isn’t alone in his assessment. Many experts agree that fully functional quantum computers are still at least two decades away. Ivana Delevska is the investment chief of Spear Invest, which holds shares in quantum computing companies Rigetti and IonQ.

She supports Huang’s view, “The 15 to 20-year timeline seems very realistic. That is roughly what it took Nvidia to develop accelerated computing.” It’s important to clarify what a fully functional quantum computer really means, or at least what Huang refers to as a “truly useful” quantum computer. If you view current quantum computers as prototypes, a fully functional machine would be one that can correct its own errors. This capability would allow users to solve a much broader range of problems than today’s prototypes can handle. Some scientists estimate that achieving the long-awaited error correction will require hundreds of thousands of qubits.

Meanwhile, others believe it may take several million qubits to reach this milestone. Regardless, fully functional quantum computers will only become a reality when the scientific community can develop quantum systems composed of a vast number of qubits. The challenge is that interconnecting and controlling a large number of qubits isn’t easy. 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.” Shares of companies developing quantum technology rose in premarket trading on Huang’s comments (Photo: PTI) Don't miss the most important news and views of the day. Get them on our Telegram channel First Published: Jun 11 2025 | 11:04 PM IST Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US

Nvidia CEO Jensen Huang has said that any practical use of quantum computing technology is at least another two decades away. Huang made his comments in a Q&A with Wall Street analysts this week at CES 2025, a major annual tech conference in Las Vegas, when asked about the future of the technology. “Quantum computing can’t solve every problem,” the Nvidia chief said, adding that the tech was “good at small data, big compute” problems such as “truly generating a random number” and cryptography. “It’s not good at large data problems,” he said. Stock market turmoil today: Bitcoin rises, quantum stocks crash, and Nvidia warns quantum computing is still 20 years away. Tesla’s Elon Musk appeals $56B compensation, #Robinhood offers huge #IRA incentives, and #Costco posts record sales!

#TSLA #AI F Stars shares continue to fall quantum computer-related sharp decline in the US market IonQ and other quantum computing stocks declined after Nvidia CEO Wong In-hoon downplayed possible applications of the technology in the near or medium term. Hwang In-hoon said, “If you say that a very useful quantum computer will take 15 years to implement, then it's probably too early. If you say 30 years, that's probably too late.” (Catch all the Technology News News, and Latest News Updates on The Economic Times.)

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