Forbes February 26, 2025
Recent statements by Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg have cast doubt on the near-term practicality of quantum computing, leading to declines in quantum computing stocks and casting a shadow over the sector.
At CES 2025, Huang suggested that the development of highly functional quantum computers is likely 15 to 30 years away. During an interview on the Joe Rogan podcast, Zuckerberg echoed Huang’s sentiments, stating that quantum computing is “still quite a ways off from being a very useful paradigm.”
These cautious outlooks influenced investor sentiment, resulting in notable stock declines for quantum companies like Rigetti Computing (shares dropped approximately 15%), D-Wave Quantum Inc. (down 18%), IonQ Inc. (down 7%) and Quantum Computing Inc. (a 10%...
Today's Sponsors
Today's Sponsor