Shares of quantum-computing companies that skyrocketed in 2024 collapsed by double digits Wednesday after Nvidia CEO Jensen Huang said practical uses for quantum computing were more than a decade away.

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.

Surprising no one, NVIDIA CEO Jensen Huang isn't too worried about a future filled with robots and superintelligent AI. In fact, he welcomes it. During a CES Q&A session with media and analysts, Huang was asked if he thought intelligent robots would ultimately side with humans,