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Nvidia Ceo S Outlook For Quantum Computing Is Wrong

Bonisiwe Shabane
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nvidia ceo s outlook for quantum computing is wrong

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." In his opening comments on Thursday, Huang drew comparisons between pre-revenue quantum companies and Nvidia's early days.

He said it took over 20 years for Nvidia to build out its software and hardware business. Nvidia (NVDA) chief executive Jensen Huang apologized for tanking quantum computing stocks earlier this year when he said the technology’s usefulness is still decades away — but one analyst says he’s actually right. During a Quantum Day session at the company’s annual GTC developer conference, Huang said he didn’t know there were publicly traded quantum computing companies when he made comments in January that led the stocks... “My first reaction was, I didn’t know they were public,” Huang said in remarks reported by Bloomberg. “How can a quantum company be public?” Huang said the event, which included executives from several quantum firms as well as Amazon (AMZN) and Microsoft (MSFT), was the first “in history where a company CEO invites all of the guests to...

He added that “quantum computing has the potential and all of our hopes that it will deliver extraordinary impact,” but that “the technology is insanely complicated.” Despite the damage control, Huang “was right and all he did in January was point out the obvious fact that quantum computing is very unlikely to be a major economic force for another 15... Nvidia (NVDA) is diving into the quantum computing world with a new research lab in Boston, dubbed the Nvidia Accelerated Quantum Research Center (NVAQC), set to open later this year, as announced by CEO... This move marks a shift for Huang, who just back in January pegged useful quantum computers as 20 years off—a stance he playfully retracted onstage Thursday alongside quantum industry leaders, joking it’s the first... The Boston hub will team up with big brains from Harvard and MIT, plus quantum firms like Quantinuum, Quantum Machines, and QuEra Computing, aiming to push the boundaries of this cutting-edge tech that promises... The conference, as noted by the report, spotlighted quantum computing all day, and Huang didn’t shy away from the buzz, chatting with execs from over a dozen firms about where the industry’s headed.

Some, like Infleqtion’s CEO Matt Kinsella, are already cashing in on quantum perks—think super-precise clocks that sync up traditional computer chips better than ever, a practical edge they’re banking on today. Meanwhile, IonQ’s Peter Chapman made it clear quantum won’t kill off Nvidia’s bread-and-butter GPUs anytime soon; his team uses those very chips to design their quantum machines, envisioning a future where the two techs... Chapman even quipped he wouldn’t bet against Nvidia’s stock, a nod to the company’s enduring role in computing. This NVAQC launch isn’t about replacing what’s out there but amplifying it—quantum computers might one day zoom past GPUs at niche jobs like decoding atomic interactions, yet they’ll lean on classical systems to get... Huang’s pivot from skeptic to collaborator shows Nvidia’s ready to ride the quantum wave, blending its graphics prowess with a field that’s still finding its footing but already hinting at real-world wins. WallStreetPit does not provide investment advice.

All rights reserved. 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. Posted by Adam O'Dell | Jan 16, 2025 | Money & Markets Daily Arthur C. Clarke once famously said: “Any sufficiently advanced technology is indistinguishable from magic.”

It’s a great quote … one that captures the wonder of technological creation … the awe a child feels staring up at a movie screen … or the frustration you might have felt the... But nowhere is this quote more relevant today than in the world of quantum computing. Because for the vast majority of us, quantum computing may as well be magic. Utilizing concepts like superposition and quantum entanglement, these new quantum systems will be lightyears ahead of modern computers — redefining everything from research to cryptography. Nvidia CEO Jensen Huang apologized for comments he made earlier this year that caused stock prices of quantum computing companies to plunge. During a panel meeting at Nvidia’s GTC conference, Huang said he was “wrong” in suggesting that quantum computers would not be useful for 15 to 30 years.

Share prices for IonQ and D-Wave suffered major drops after his first statement in January before losing more than 40% value from their stock. According to Huang, his initial comment relied on his background of constructing old-fashioned computer systems that necessitate decades to bring to life. However, he invited leaders from quantum companies like PsiQuantum and D-Wave to discuss why his timeline was off. “They can explain why I was wrong,” Huang said, calling the panel the “first event where a CEO invites guests to prove him wrong.” The discussion focused on challenges in quantum computing, such as fixing errors caused by the unstable nature of quantum particles. Companies argued that progress is faster than Huang assumed, with some aiming to build practical quantum systems within years, not decades.

Huang’s New Idea Call It a “Quantum Instrument” Even while apologizing, Huang questioned whether labeling these systems as “quantum computers” sets unfair expectations. He suggested calling them “quantum instruments” instead, as they solve specific scientific problems rather than handling everyday tasks like spreadsheets.

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Nvidia CEO Jensen Huang On Thursday Walked Back Comments He

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 h...

He Said It Took Over 20 Years For Nvidia To

He said it took over 20 years for Nvidia to build out its software and hardware business. Nvidia (NVDA) chief executive Jensen Huang apologized for tanking quantum computing stocks earlier this year when he said the technology’s usefulness is still decades away — but one analyst says he’s actually right. During a Quantum Day session at the company’s annual GTC developer conference, Huang said he d...

He Added That “quantum Computing Has The Potential And All

He added that “quantum computing has the potential and all of our hopes that it will deliver extraordinary impact,” but that “the technology is insanely complicated.” Despite the damage control, Huang “was right and all he did in January was point out the obvious fact that quantum computing is very unlikely to be a major economic force for another 15... Nvidia (NVDA) is diving into the quantum com...

Some, Like Infleqtion’s CEO Matt Kinsella, Are Already Cashing In

Some, like Infleqtion’s CEO Matt Kinsella, are already cashing in on quantum perks—think super-precise clocks that sync up traditional computer chips better than ever, a practical edge they’re banking on today. Meanwhile, IonQ’s Peter Chapman made it clear quantum won’t kill off Nvidia’s bread-and-butter GPUs anytime soon; his team uses those very chips to design their quantum machines, envisionin...

All Rights Reserved. 2025.01.14 · Blog Quantum Advantagequantum Readyquantum Supremacy

All rights reserved. 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 qua...