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Quantum Stocks Higher As Nvidia Ceo Sees Inflection Point

Bonisiwe Shabane
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quantum stocks higher as nvidia ceo sees inflection point

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.”

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Nvidia CEO Jensen Huang Is Growing More Bullish About Quantum

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...

Premarket Trading. Nisha Gopalan Is A Former Senior Overnight Assignment

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 N...

Huang's Comments During His Keynote Speech At The Chipmaker’s GTC

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 area...