Quantum Industry Weighs In On Nvidia Ceo S Decades Away Remarks

Bonisiwe Shabane

-Jan 2, 2026, 2:35 AM

quantum industry weighs in on nvidia ceo s decades away remarks

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GTC Nvidia is investing in a research center to advance quantum computing development, just weeks after its head honcho torpedoed the share price of quantum firms by declaring the tech is decades away from... The California-based GPU biz announced at its GTC 2025 event in San Jose that it is building a research center on the opposite coast in Boston to develop cutting-edge technologies aimed at advancing quantum... Named the Nvidia Accelerated Quantum Research Center (NVAQC), it will focus on combining quantum tech with the company's AI hardware to develop what it calls "accelerated quantum supercomputers" capable of solving some of the... We asked Nvidia how much it is investing in this venture, and it declined to add anything beyond the details in its announcement. The GPU giant is not short of spare change, having reported 2025 net income of $72.88 billion last month, up 145 percent year-on-year. Nevertheless, the AI chips maker can't be expecting to see a return on its quantum investment in the near future: CEO Jensen Huang famously remarked that practical quantum systems are likely still 20 years...

“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 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 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.”

“Just about every quantum computing company in the world” partnering with Nvidia is annoyed right now. Answering complicated math problems that would take normal computers longer than the history of the universe to solve isn’t cool. You know what is cool? Being useful and making money. And, according to Nvidia CEO Jensen Huang, that period might be far off for quantum computing companies. The era of “very useful” quantum computers is likely about 20 years away, he said on Tuesday, remarks that are fueling a significant retreat in shares of companies that soared in December amid burgeoning...

Smaller, speculative quantum computing stocks that got crushed on Tuesday are getting rinsed again in the premarket on Wednesday, with Rigetti Computing, IonQ, D-Wave Quantum, and Quantum Computing off double digits. Evercore analyst Mark Lipacis asked the following during Nvidia’s chat with the sell side at CES:

Quantum Industry Weighs In On Nvidia Ceo S Decades Away Remarks

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“Very Useful Quantum Computers Are Still A Few Decades Away,”