Nvidia S Jensen Huang Sparks Quantum Stock Frenzy Benzinga
Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said on Wednesday that quantum computers will soon be able to solve complex, real-world problems that are out of reach for classical computers. Huang’s comments marked a reversal from his previously cautious stance on the technology and sparked a rally in quantum stocks. The Details: Speaking at Nvidia's GTC Paris developer conference, Huang highlighted how quantum computers process information in fundamentally new ways compared to traditional computers and shortened his timeline for their practical application. "Quantum computing is reaching an inflection point," Huang said during his keynote speech. "We are within reach" of being able to apply quantum computers "in areas that can solve some interesting problems in the coming years," he added.
"This is a really exciting time." Read Next: These Are The 3 Hottest Stock Market Themes Trending Now 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. Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong. She previously worked at The Wall Street Journal and Bloomberg.
Mustafa Yalcin / Anadolu via Getty Images Quantum computing shares are jumping in premarket trading Wednesday after Nvidia (NVDA) CEO Jensen Huang said that the industry is “reaching an inflection point." Huang's comments during his keynote speech at the chipmaker’s GTC Paris developer conference mark more optimistic take by the Nvidia CEO, who said early this year that quantum computing technology is 15 to 30... “Quantum computing is reaching an inflection point,” Huang said in the speech Wednesday. “We are within reach of being able to apply quantum computing, quantum classical computing, in areas that can solve some interesting problems in the coming years.” Nvidia CEO Jensen Huang is making a big U-turn on quantum computing.
After years of downplaying the technology's timeline, the tech titan is now pouring money into quantum startups. Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Save my User ID and Password' box in the log-in section. This will save the password on the computer you're using to access the site. Nvidia CEO Jensen Huang announced at the GTC Paris conference that quantum computers are nearing the ability to solve complex problems, marking a shift from his previous cautious outlook. His comments ignited a rally in quantum stocks, including Quantum Computing Inc.
and Rigetti Computing. Huang emphasized Nvidia's commitment to the quantum ecosystem and the launch of its quantum algorithm stack on advanced hardware. This optimism reflects a growing belief in the near-term potential of quantum technology, which could revolutionize sectors like healthcare and finance. Nvidia Corp. NVDA CEO Jensen Huang said on Wednesday that quantum computers will soon be able to solve complex, real-world problems that are out of reach for classical computers. Huang’s comments marked a reversal from his previously cautious stance on the technology and sparked a rally in quantum stocks.
The Details: Speaking at Nvidia's GTC Paris developer conference, Huang highlighted how quantum computers process information in fundamentally new ways compared to traditional computers and shortened his timeline for their practical application. "Quantum computing is reaching an inflection point," Huang said during his keynote speech. "We are within reach" of being able to apply quantum computers "in areas that can solve some interesting problems in the coming years," he added. "This is a really exciting time." Get the latest updates delivered to your inbox every day, and stay up-to-date for free 🧠📈 Get the latest updates delivered to your inbox every day, and stay up-to-date for free 🧠📈
Nvidia CEO says quantum computing is at an inflection point Jensen Huang made similar comments in March at Nvidia's annual software developer conference when he spoke about the potential of quantum computing, walking back comments he made in January when he said useful quantum... Quantum calculations could crack problems that currently would demand years of processing from Nvidia's most advanced AI systems. Quantum computing will solve "some interesting problems" in the coming years, Huang added. The CEO made similar comments in March at Nvidia's annual software developer conference when he spoke about the potential of quantum computing, walking back comments he made in January when he said useful quantum... In March, Huang also announced a new quantum computing research lab in Boston, set to collaborate with Harvard and MIT scientists.
Nvidia CEO Sees Quantum Computing Reaching 'Inflection Point' | PYMNTS.com Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are many years away. "If you said 15 years for very useful quantum computers, that would probably be on the early side," he said during Nvidia's analyst day. "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." Huang said he believes Nvidia will play a "very significant part" in creating the computers and helping the industry... D-Wave Quantum dropped more than 30%, while the Defiance Quantum & AI ETF fell 4%.
Quantum Computing, which announced a stock offering to raise $100 million, sank 37%. "As valuations have become a bit lofty, we're not surprised by today's correction," said AXS Investments CEO Greg Bassuk, calling the reaction somewhat "overblown." Nvidia (NVDA) chief executive Jensen Huang doesn’t think useful quantum... 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... An AI-generated image illustrates the typical "chandelier" design of a quantum computer. (bpawesome/Shutterstock) Nvidia (NVDA) Chief Executive Jensen Huang's controversial remarks about quantum computing reached Rigetti Computing CEO Subodh Kulkarni via text. A frantic acquaintance in the investment community wanted to know, "What's going on?
Why is Jensen so negative about quantum computing?" Gil Luria, an analyst with D.A. Davidson, had just given another quantum computing company, IonQ, a buy rating. He was… 12/29/2025 OpenAI news often drives many AI stocks up or down. Many tech companies have a stake in OpenAI's success or... 12/29/2025 OpenAI news often drives many AI stocks up or down.... Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!
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Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang Said On Wednesday That
Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said on Wednesday that quantum computers will soon be able to solve complex, real-world problems that are out of reach for classical computers. Huang’s comments marked a reversal from his previously cautious stance on the technology and sparked a rally in quantum stocks. The Details: Speaking at Nvidia's GTC Paris developer conference, Huang highlighted ...
"This Is A Really Exciting Time." Read Next: These Are
"This is a really exciting time." Read Next: These Are The 3 Hottest Stock Market Themes Trending Now 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 Wednesda...
Quantum Has Been A Buzzy Space For Investors With The
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. Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who...
Mustafa Yalcin / Anadolu Via Getty Images Quantum Computing Shares
Mustafa Yalcin / Anadolu via Getty Images Quantum computing shares are jumping in premarket trading Wednesday after Nvidia (NVDA) CEO Jensen Huang said that the industry is “reaching an inflection point." Huang's comments during his keynote speech at the chipmaker’s GTC Paris developer conference mark more optimistic take by the Nvidia CEO, who said early this year that quantum computing technolog...
After Years Of Downplaying The Technology's Timeline, The Tech Titan
After years of downplaying the technology's timeline, the tech titan is now pouring money into quantum startups. Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Save my User ID and Password' box in the log-in section. This will save the password on the computer you'...