University of Kwazulu-Natal

What Nvidia S Ceo Missed About Quantum Computing Forbes

Bonisiwe Shabane
-
what nvidia s ceo missed about quantum computing forbes

While others focus on hardware and software to build quantum, we focus on the peopleware. We cultivate quantum-ready workers through hands-on training opportunities, curriculum development, and more. We forge lasting partnerships with key players in healthcare, finance, education, and beyond, using the power of quantum technology to achieve their goals. We support real-world quantum applications for entrepreneurs, colleges, and universities, building breakthroughs across industries. Nvidia CEO Jensen Huang’s remarks might apply to fully scalable, general-purpose quantum systems, but they ignore the tangible value quantum computing is already delivering today. 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 CEO Jensen Huang admits he missed the mark on quantum computing's future. He backpedaled comments he made in January, when he said “useful” applications for the technology are 20 years away. His remarks at the time sent quantum computing stocks tumbling. But during Nvidia’s “Quantum Day” event on Thursday, Huang revised his projected timeline and said “this is the first event in history where a company CEO invites all of the guests to explain why... Jensen Huang just revised his stance on the quantum computing timeline, even acknowledging that a quantum company could one day surpass NVIDIA. Rather than backtracking, he embraced the industry’s momentum, reinforcing NVIDIA’s commitment to the quantum future.

A rare and refreshing moment of leadership. Read the CNBC article here: https://lnkd.in/dQdp7s-9 And check out my original take on NVIDIA’s quiet quantum strategy below. #NVIDIA #Quantum #Leadership #CUDAQ NVIDIA has mastered the art of quiet innovation, shaping industries from AI to quantum computing with calculated moves and strategic partnerships. Discover how their behind-the-scenes leadership is building the future of technology. #Innovation #QuantumComputing #AI #Blockchain #TechLeadership

Admitting 'I was wrong,' NVIDIA CEO Jensen Huang's recent apology at GTC 2025 underscores the rapid advancements in quantum computing. His January remarks predicting useful quantum computers were decades away led to significant stock sell-offs for companies like Rigetti, IonQ, and D-Wave. At GTC, Huang acknowledged his misjudgment and invited leaders from these firms to discuss their progress. He emphasized rethinking quantum computers as scientific instruments and highlighted the potential of hybrid systems combining quantum and classical computing. Despite his apology, quantum computing stocks continued to decline, reflecting ongoing market skepticism. This episode reminds us of the importance of staying informed and adaptable in the face of technological evolution.

#quantumcomputing #nvidia #jensenhuang I am an analyst & digital transformation expert & experienced manager Whether quantum computers will be useful in the near future is a debated topic—and Nvidia CEO Jensen Huang has just weighed in. "If you kind of said 15 years for very useful quantum computers, that'd probably be on the early side. If you said 30, is probably on the late side. But if you picked 20, I think a whole bunch of us would believe it," Huang said during a Q&A with analysts.

If he's right, this means we won't see effective quantum computers until 2045. This month, Huang also hinted at more AI plans, unveiled the anticipated RTX 50 Series GPUs, and announced a small desktop computer known as Project DIGITS with its Blackwell GPU inside and an expected... Nvidia's stock has soared over 160% in the past year, largely due to continued AI hype. In the past day, quantum firms D-Wave and IonQ both saw their respective stock prices fall more than 35%. The field of quantum computing hasn't gotten nearly as much hype as generative AI and the tech giants promoting it in the past few years. Right now, part of the reason quantum computers aren't currently that helpful is because of their error rates.

Nord Quantique CEO Julien Lemyre previously told PCMag that quantum error correction is the future of the field, and his firm is working on a solution. The errors that qubits, the basic unit of information in a quantum machine, currently make result in quantum computers being largely unhelpful. It's an essential hurdle to overcome—but we don't currently know if or when quantum errors will be eliminated. At NVIDIA’s GTC 2025 conference, CEO Jensen Huang took a surprising turn on his earlier skepticism toward quantum computing. Hosting two panels with leaders from 12 top quantum companies, including IonQ and D-Wave Quantum Inc., Huang joked about his January comments that “useful” quantum computing was 15-30 years away—a statement that previously sent... Quantum computers, unlike traditional systems, use qubits that exist in multiple states simultaneously.

They’re expected to revolutionize fields like cryptography, logistics, materials science, and drug discovery. During the panels, Huang challenged the CEOs to prove him wrong, quipping, “How could a quantum computer company be public?” Executives from companies such as Pasqal, Quantum Computing Inc., and Rigetti shared real-world use cases and emphasized quantum’s growing synergy with classical computing. Pasqal’s CEO Loïc Henriet likened quantum systems to accelerators, while IonQ’s Peter Chapman noted that future computing will involve seamless interaction between classical and quantum machines. Despite this optimism, public quantum stocks continued to struggle, reacting to lingering investor skepticism. At market close, D-Wave (QBTS) dropped 18%, Quantum Computing Inc.

(QUBT) fell 11.7%, IonQ (IONQ) declined 9.3%, and Rigetti (RGTI) slipped 9.2%. Huang acknowledged the industry's rapid progress, stating, “Quantum computing is scaling a lot faster than classical computing did.” He concluded by saying that if his misjudgment brought more attention to quantum innovation, then it... 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. D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that those computers would need 1 million times the number of quantum processing units, called qubits, than they currently...

Getting “very useful quantum computers” to market could take 15 to 30 years, Huang told analysts. Huang’s remarks sent stocks in the nascent industry slumping, with D-Wave plunging 36% on Wednesday. “The reason he’s wrong is that we at D-Wave are commercial today,” Baratz told CNBC’s Deidre Bosa on “The Exchange.” Baratz said companies including Mastercard and Japan’s NTT Docomo “are using our quantum computers...

People Also Search

While Others Focus On Hardware And Software To Build Quantum,

While others focus on hardware and software to build quantum, we focus on the peopleware. We cultivate quantum-ready workers through hands-on training opportunities, curriculum development, and more. We forge lasting partnerships with key players in healthcare, finance, education, and beyond, using the power of quantum technology to achieve their goals. We support real-world quantum applications f...

At Nvidia's "Quantum Day" Event, Part Of The Company's Annual

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 ...

Nvidia CEO Jensen Huang Admits He Missed The Mark On

Nvidia CEO Jensen Huang admits he missed the mark on quantum computing's future. He backpedaled comments he made in January, when he said “useful” applications for the technology are 20 years away. His remarks at the time sent quantum computing stocks tumbling. But during Nvidia’s “Quantum Day” event on Thursday, Huang revised his projected timeline and said “this is the first event in history whe...

A Rare And Refreshing Moment Of Leadership. Read The CNBC

A rare and refreshing moment of leadership. Read the CNBC article here: https://lnkd.in/dQdp7s-9 And check out my original take on NVIDIA’s quiet quantum strategy below. #NVIDIA #Quantum #Leadership #CUDAQ NVIDIA has mastered the art of quiet innovation, shaping industries from AI to quantum computing with calculated moves and strategic partnerships. Discover how their behind-the-scenes leadership...

Admitting 'I Was Wrong,' NVIDIA CEO Jensen Huang's Recent Apology

Admitting 'I was wrong,' NVIDIA CEO Jensen Huang's recent apology at GTC 2025 underscores the rapid advancements in quantum computing. His January remarks predicting useful quantum computers were decades away led to significant stock sell-offs for companies like Rigetti, IonQ, and D-Wave. At GTC, Huang acknowledged his misjudgment and invited leaders from these firms to discuss their progress. He ...