The quantum computing rally came to an abrupt end on Wednesday following comments from Nvidia CEO Jensen Huang. During a question-and-answer session with analysts, Huang put forth a more pessimistic view of the quantum computing timeline:
On Monday at CES, the company unveiled Project Digits, a $3,000 personal AI supercomputer powered by a new GB10 Grace Blackwell Superchip. Reuters reports that yesterday Nvidia CEO Jensen Huang hinted to investors and analysts that there are bigger plans for the Arm-based CPU within that chip, codeveloped with MediaTek.
Nvidia’s stock is on the upswing after its CEO, Jensen Huang, unveiled a suite of new products, services and partnerships at CES 2025.
The Nvidia boss unveiled a new AI platform at CES called Cosmos, which aims to give robots and autonomous cars endless real-world scenarios to study.
Nvidia CEO's comments on quantum computing caused a market drop, erasing $8 billion from companies like IonQ, Rigetti, and D-Wave. Huang suggested useful quantum computing may be 15-30 years away. D-Wave's CEO disagreed,
Nvidia CEO Jensen Huang used his CES 2025 keynote to unveil the company’s next generation of GPUs and declare the rise of "Agentic AI"—a shift he says will create a multi-trillion-dollar industry and redefine how people work.
Quantum stocks like Rigetti, IonQ and D-Wave Quantum saw steep losses after Nvidia CEO Jensen Huang said quantum computers are decades away.
Huang’s hotly anticipated speech brought mention that Micron is providing memory for new Blackwell gaming chips.
Huang’s comment had a ripple effect. The quantum computing companies’ stocks have witnessed a sharp decline ever since. For instance, IonQ shares fell over 31.65%, while Rigetti Computing dropped by 37.25%, and D-Wave Quantum saw its stock tumble down by 25.61% after Huang’s statement.
CES 2025 has been a mixed bag for humanoid robots. The form factor had a watershed moment, as images of the top players flanked Nvidia CEO Jensen Huang
Japanese semiconductor testing equipment maker Advantest Corp. has emerged as a key beneficiary of the artificial intelligence boom, with its stock showing a remarkable 0.93 correlation coefficient with NVIDIA Corp.