Nvidia CEO Jensen Huang questioned the practicality of quantum computing, suggesting it is 20 years away from utility due to limitations in qubits. His remarks caused a nearly 50% drop in share prices for firms like Rigetti and IonQ. Despite this, Nvidia will host a Quantum Day at GTC 2025, and Microsoft is promoting its "Quantum Ready" program for businesses.
Nvidia CEO Jensen Huang questioned the practicality of quantum computing, suggesting it is 20 years away from utility due to limitations in qubits. His remarks caused a nearly 50% drop in share prices for firms like Rigetti and IonQ. Despite this, Nvidia will host a Quantum Day at GTC 2025, and Microsoft is promoting its "Quantum Ready" program for businesses.