Wed, January 15, 2025
Tue, January 14, 2025
Mon, January 13, 2025
Sun, January 12, 2025
Sat, January 11, 2025
Fri, January 10, 2025
Thu, January 9, 2025
Wed, January 8, 2025
Tue, January 7, 2025
Mon, January 6, 2025
Sun, January 5, 2025
Sat, January 4, 2025
Fri, January 3, 2025
[ Fri, Jan 03rd ]: MSN
3 Vanguard ETFs to Buy in 2025
[ Fri, Jan 03rd ]: MSN
How Money Can Make More Money
Thu, January 2, 2025
Wed, January 1, 2025
Tue, December 31, 2024

Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away


  Copy link into your clipboard //stocks-investing.news-articles.net/content/202 .. -says-the-computers-are-15-to-30-years-away.html
  Print publication without navigation Published in Stocks and Investing on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.

The article discusses the impact of Nvidia CEO Jensen Huang's comments on the quantum computing industry, particularly on stocks like Rigetti Computing. Huang suggested that practical quantum computing is still 15 to 30 years away, leading to a significant drop in quantum computing stocks. Specifically, Rigetti's shares fell by 10% following his remarks at the Computex conference in Taiwan. Huang's skepticism stems from the current technological challenges in quantum computing, such as maintaining quantum states and scaling up systems, which he believes will take decades to overcome. This has led to a broader market reevaluation of the near-term prospects for quantum computing technology, affecting investor confidence and stock prices in the sector.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/quantum-stocks-like-rigetti-plunge-after-nvidia-s-huang-says-the-computers-are-15-to-30-years-away/ar-AA1xaKkk ]

Publication Contributing Sources