University of Kwazulu-Natal

Nvidia Ceo Quantum Computers Won T Be Very Useful For Another Pcmag

Bonisiwe Shabane
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nvidia ceo quantum computers won t be very useful for another pcmag

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. “Very useful quantum computers are still a few decades away,” Nvidia CEO Jensen Huang said during a keynote presentation at the 2025 Consumer Electronics Show (CES) in Las Vegas last week. His comment sent shockwaves through the quantum computing industry, with shares of leading companies like Rigetti Computing, D-Wave Quantum and IonQ plummeting between 30 and 50 percent. These companies’ CEOs were quick to defend their industry in a bid to win back investor confidence. 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.

“Jensen Huang has a misunderstanding of quantum. He is ‘dead wrong’ about D-Wave,” Alan Baratz, CEO of D-Wave Quantum, which develops quantum computing systems, told Observer. “There is more than one approach to building a quantum computer. Our (D-Wave) systems are performing scientific computations on important problems that are not solvable by even massively parallel GPU systems.” D-Wave uses quantum annealing, an approach that excels in solving specific computational optimization problems. This method is particularly useful for materials simulation, scheduling and logistics applications. “Commercial quantum computing is already here,” Baratz added.

For example, Canada-based Pattison Food Group reduced an 80-hour scheduling task to 15 hours using D-Wave’s technology. Another client, NTT DOCOMO, Japan’s largest telecom provider, slashed the time to optimize network resources from 27 hours to just 40 seconds. Quantum computing CEOs are also talking up their companies’ revenue and profit prospects. D-Wave estimated its 2024 sales jumped 120 percent from the previous year. IonQ, which makes quantum computers, predicts it will turn a profit on more than $1 billion in sales by 2030, CEO Peter Chapman wrote in a blog post on Jan. 10.

Quantum computing relies on qubits—units of data that can exist in multiple states at once—and holds the potential to quickly solve calculations that would take even supercomputers a thousand years. Exciting recent developments include Google’s Willow chip, which solved a random circuit sampling (RCS) benchmark problem in just five minutes. RCS, one of the most challenging benchmarks for quantum computers, would take today’s fastest supercomputer 10 septillion years (1 followed by 24 zeros) to solve, Google claims. Nvidia (NVDA) chief executive Jensen Huang doesn’t think useful quantum computers will be here anytime soon — and stocks are not reacting well to it. Quantum computing stocks such as IonQ (IONQ) and Rigetti Computing (RGTI) fell by more than 40% Wednesday morning after Huang’s comments during Nvidia’s financial analyst day at the Consumer Electronics Show (CES). IonQ’s shares were down by about 45%, while Rigetti’s shares fell by more than 48% mid-morning.

Quantum Computing (QUBT), which announced a stock offering earlier this week to raise $100 million, saw its shares fall by about 49%. D-Wave Quantum (QBTS), meanwhile, saw shares fall by around 47%. “If you said 15 years for very useful quantum computers, that would probably be on the early side,” Huang said. “If you said 30, it’s probably on the late side. But if you picked 20, I think a whole bunch of us would believe it.” The Nvidia chief said he thinks the AI chipmaker will play “a significant part” in the development of quantum computers, and push it toward getting “there as fast as possible.”

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. 2025.01.14 · Blog quantum advantagequantum readyquantum supremacy

In December, Google's announcement of the Willow quantum chip brought unprecedented attention to the field of quantum computing. Following this, Nvidia CEO Jensen Huang's cautious comments on the future of quantum computing sparked widespread debate. This has left many wondering: Are commercial and practical quantum computers available today? The answer is a resounding yes. Read on to discover real-world applications of useful quantum computers and how they are already transforming industries. During Nvidia's CES 2025 keynote and subsequent Wall Street analyst Q&A, CEO Jensen Huang provided a guarded stance on the timeline for practical quantum computing.

He estimated that "very useful" practical quantum computers are likely 15 to 30 years away, suggesting that a 20-year timeframe might be a reasonable expectation. 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.

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