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Quantum Computing Stocks Surge As Nvidia Ceo Huang Says Investopedia

Bonisiwe Shabane
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quantum computing stocks surge as nvidia ceo huang says investopedia

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 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 A wave of investor optimism swept the tech sector on Wednesday after Nvidia CEO Jensen Huang declared that quantum computing is reaching an “inflection point.” Speaking at Nvidia’s GTC conference in Paris on Wednesday, Huang said quantum systems are approaching the stage where they can begin solving meaningful real-world problems, triggering a sharp rally in quantum-related stocks.

Quantum Computing Inc. soared over 32 percent in early trading, reaching $18.99 after gaining $3.86. Rigetti Computing followed with a jump of more than 17 percent, while IonQ shares climbed 7 percent. The surge reflected renewed investor enthusiasm, with Nvidia’s bullish tone seen as a strong endorsement of the technology’s near-term potential. Notably, in March, Huang had told analysts that truly useful quantum machines might still be 15 years away, a statement that sent the same stocks into a tailspin. On Wednesday, however, he acknowledged that his previous comments had underestimated the pace of progress.

Now, Huang believes we are “within reach” of applying quantum systems to challenges across sectors such as cryptography, financial modeling, and drug discovery. During his keynote, Huang also highlighted Nvidia’s Cuda Q, a hybrid platform that bridges classical and quantum computing. He noted its growing importance as quantum advances remain uneven, with full-scale quantum systems still facing challenges like error correction and qubit stability. 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. Quantum Computing (QUBT) and D-Wave Quantum (QBTS) saw shares surge on Monday ahead of Nvidia’s (NVDA) GPU Technology Conference. Quantum Computing stock was up by around 15% during afternoon trading on Monday, while D-Wave shares were up by almost 8%.

Executives from quantum companies, including D-Wave, are expected to join Nvidia chief executive Jensen Huang at the chipmaker’s first “Quantum Day” on Thursday during its annual developers conference known as the GTC. Meanwhile, shares of IonQ (IONQ) and Rigetti Computing (RGTI), both of which are also expected to join Huang at the GTC, were down by more than 2% during afternoon trading. The quantum event will bring together experts and leaders in the field to discuss “what businesses should expect from quantum computing in the coming decades — mapping the path toward useful quantum applications,” Nvidia...

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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 Je...

“Quantum Computing Is Reaching An Inflection Point,” Huang Said In

“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 Corp. (NASDAQ:NVDA) CEO Jensen Huang said on Wednesday that quantum computers will soon be able to solve complex, real-world problems that a...

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"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 A wave of investor optimism swept the tech sector on Wednesda...

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Quantum Computing Inc. soared over 32 percent in early trading, reaching $18.99 after gaining $3.86. Rigetti Computing followed with a jump of more than 17 percent, while IonQ shares climbed 7 percent. The surge reflected renewed investor enthusiasm, with Nvidia’s bullish tone seen as a strong endorsement of the technology’s near-term potential. Notably, in March, Huang had told analysts that trul...

Now, Huang Believes We Are “within Reach” Of Applying Quantum

Now, Huang believes we are “within reach” of applying quantum systems to challenges across sectors such as cryptography, financial modeling, and drug discovery. During his keynote, Huang also highlighted Nvidia’s Cuda Q, a hybrid platform that bridges classical and quantum computing. He noted its growing importance as quantum advances remain uneven, with full-scale quantum systems still facing cha...