Nvidia CEO's Shocking Prediction: Quantum Computing Breakthroughs Over a Decade Away, Stocks Plummet
2025-01-09
Fortune on MSN.com
In a surprising turn of events, Nvidia CEO Jensen Huang revealed that the most exciting developments in quantum computing are still more than a decade away, causing a significant stir in the market. As a result, quantum-computing stocks, including Wave Quantum, have taken a drastic hit, with some companies experiencing a decline of over 35%. This sudden downturn has left investors reeling, and the future of quantum computing looks uncertain. With the integration of AI and machine learning, the industry was expected to witness rapid growth, but Huang's prediction has raised concerns about the timeline. Quantum technology and cloud computing advancements are now under scrutiny, leaving many to wonder what's next for this emerging field.
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